Krones (ETR:KRN) has been given an average rating of “Hold” by the sixteen analysts that are covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is €111.60 ($137.78).
Several equities analysts have commented on KRN shares. Nord/LB set a €100.00 ($123.46) price objective on Krones and gave the company a “neutral” rating in a research report on Friday, December 22nd. DZ Bank reissued a “buy” rating on shares of Krones in a research report on Tuesday, January 9th. UBS set a €115.00 ($141.98) price objective on Krones and gave the company a “neutral” rating in a research report on Wednesday, January 17th. Kepler Capital Markets set a €111.00 ($137.04) price objective on Krones and gave the company a “neutral” rating in a research report on Friday, January 19th. Finally, Berenberg Bank set a €95.00 ($117.28) price objective on Krones and gave the company a “sell” rating in a research report on Tuesday, February 6th.
Shares of Krones stock opened at €105.20 ($129.88) on Friday. Krones has a 12 month low of €98.70 ($121.85) and a 12 month high of €121.25 ($149.69).
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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