Krones AG (KRN) Given Average Rating of “Hold” by Analysts

Krones AG (ETR:KRN) has earned a consensus recommendation of “Hold” from the fourteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is €112.41 ($133.82).

Several research analysts recently commented on the stock. UBS Group set a €99.00 ($117.86) target price on shares of Krones and gave the stock a “sell” rating in a research note on Wednesday, October 25th. Independent Research set a €112.00 ($133.33) price target on shares of Krones and gave the company a “neutral” rating in a report on Thursday, October 26th. Kepler Capital Markets set a €111.00 ($132.14) price target on shares of Krones and gave the company a “neutral” rating in a report on Friday, January 19th. Warburg Research set a €110.30 ($131.31) price target on shares of Krones and gave the company a “neutral” rating in a report on Thursday, October 26th. Finally, S&P Global set a €100.00 ($119.05) price target on shares of Krones and gave the company a “sell” rating in a report on Thursday, October 26th.

Krones (KRN) opened at €115.50 ($137.50) on Monday. Krones has a one year low of €91.00 ($108.33) and a one year high of €121.25 ($144.35). The company has a market cap of $3,650.00 and a price-to-earnings ratio of 21.23.

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Krones 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.

Analyst Recommendations for Krones (ETR:KRN)

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