Deutsche Bank AG Analysts Give Krones AG (KRN) a €117.00 Price Target
Krones AG (ETR:KRN) received a €117.00 ($137.65) price objective from equities research analysts at Deutsche Bank AG in a research note issued on Thursday. The firm currently has a “neutral” rating on the stock.
Other analysts also recently issued research reports about the company. Baader Bank set a €110.00 ($129.41) price objective on Krones AG and gave the stock a “buy” rating in a research note on Thursday, July 13th. Commerzbank Ag set a €115.00 ($135.29) target price on Krones AG and gave the company a “buy” rating in a research report on Thursday, July 13th. HSBC Holdings plc set a €117.00 ($137.65) target price on Krones AG and gave the company a “buy” rating in a research report on Friday, June 30th. Finally, DZ Bank AG reissued a “buy” rating on shares of Krones AG in a research report on Friday, July 21st. Two analysts have rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the stock. Krones AG presently has a consensus rating of “Hold” and an average target price of €110.25 ($129.71).
Krones AG (ETR KRN) traded up 0.32% on Thursday, hitting €109.95. 10 shares of the company traded hands. The firm’s 50 day moving average price is €113.73 and its 200 day moving average price is €108.85. Krones AG has a 1-year low of €82.98 and a 1-year high of €122.43. The firm has a market capitalization of €3.48 billion and a PE ratio of 19.37.
Krones AG Company Profile
Krones AG, together with its subsidiaries, engages in planning, developing, and manufacturing machinery and systems for the fields of process technology, filling and packaging technology, and intralogistics in Germany and internationally. The company operates through three segments: Machines and Lines for Product Filling and Decoration, Machines and Lines for Beverage Production/Process Technology, and Machines and Lines for the Compact Class.
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