Koenig & Bauer AG (ETR:SKB) Given Average Recommendation of “Buy” by Analysts

Shares of Koenig & Bauer AG (ETR:SKB) have been assigned a consensus recommendation of “Buy” from the six ratings firms that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is €61.60 ($71.63).

A number of analysts have weighed in on SKB shares. Warburg Research set a €71.50 ($83.14) price objective on shares of Koenig & Bauer and gave the company a “buy” rating in a research note on Thursday, August 1st. HSBC set a €56.00 ($65.12) price objective on shares of Koenig & Bauer and gave the company a “buy” rating in a research note on Friday, June 14th. Hauck & Aufhaeuser set a €84.00 ($97.67) price objective on shares of Koenig & Bauer and gave the company a “buy” rating in a research note on Thursday, August 1st. Berenberg Bank set a €59.10 ($68.72) price objective on shares of Koenig & Bauer and gave the company a “buy” rating in a research note on Friday, August 2nd. Finally, Kepler Capital Markets set a €55.00 ($63.95) price objective on shares of Koenig & Bauer and gave the company a “buy” rating in a research note on Friday, May 3rd.

ETR:SKB traded up €0.46 ($0.53) on Thursday, reaching €30.80 ($35.81). 128,546 shares of the stock traded hands, compared to its average volume of 51,918. The firm has a market capitalization of $508.96 million and a P/E ratio of 9.29. The company has a quick ratio of 0.38, a current ratio of 1.36 and a debt-to-equity ratio of 37.73. Koenig & Bauer has a 12 month low of €30.08 ($34.98) and a 12 month high of €64.00 ($74.42). The stock’s fifty day moving average is €36.00.



About Koenig & Bauer

Koenig & Bauer AG develops, produces, distributes, and services printing systems and peripherals worldwide. It operates through three segments: Sheetfed, Digital & Web, and Special. The Sheetfed segment offers presses for packaging and commercial printing, as well as workflow and logistics solutions; and peripheral equipment for finishing and processing printed products.

Further Reading: What is the Bid-Ask Spread?

Analyst Recommendations for Koenig & Bauer (ETR:SKB)

Receive News & Ratings for Koenig & Bauer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Koenig & Bauer and related companies with MarketBeat.com's FREE daily email newsletter.