A number of other analysts have also recently commented on KRN. Kepler Capital Markets set a €127.00 ($147.67) price target on Krones and gave the stock a buy rating in a research report on Tuesday, July 3rd. UBS Group set a €115.00 ($133.72) price target on Krones and gave the stock a neutral rating in a research report on Friday, July 6th. Hauck & Aufhaeuser set a €130.00 ($151.16) price target on Krones and gave the stock a buy rating in a research report on Monday, July 9th. Commerzbank set a €120.00 ($139.53) price target on Krones and gave the stock a neutral rating in a research report on Wednesday, July 18th. Finally, Warburg Research set a €114.00 ($132.56) price target on Krones and gave the stock a neutral rating in a research report on Thursday, July 26th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of Hold and an average price target of €103.93 ($120.85).
Shares of KRN opened at €75.40 ($87.67) on Wednesday. Krones has a 52 week low of €98.70 ($114.77) and a 52 week high of €121.25 ($140.99).
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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