Krones (ETR:KRN) PT Set at €54.00 by Independent Research

Independent Research set a €54.00 ($62.79) price target on Krones (ETR:KRN) in a research note published on Monday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Several other equities research analysts have also recently issued reports on the stock. Deutsche Bank set a €45.00 ($52.33) price objective on shares of Krones and gave the company a neutral rating in a research report on Friday, July 26th. DZ Bank reissued a neutral rating on shares of Krones in a research report on Thursday, July 11th. Kepler Capital Markets set a €96.00 ($111.63) price objective on shares of Krones and gave the company a buy rating in a research report on Tuesday, April 30th. Baader Bank set a €70.00 ($81.40) price objective on shares of Krones and gave the company a buy rating in a research report on Thursday, July 25th. Finally, Cfra set a €50.00 ($58.14) price objective on shares of Krones and gave the company a sell rating in a research report on Thursday, July 11th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the stock. The company has an average rating of Hold and a consensus price target of €73.62 ($85.60).

Krones stock opened at €48.00 ($55.81) on Monday. The stock has a market cap of $1.52 billion and a price-to-earnings ratio of 14.15. The company has a debt-to-equity ratio of 17.79, a current ratio of 1.44 and a quick ratio of 1.11. Krones has a 1 year low of €49.66 ($57.74) and a 1 year high of €108.00 ($125.58). The firm has a 50-day moving average of €57.23 and a two-hundred day moving average of €70.76.



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.

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Analyst Recommendations for Krones (ETR:KRN)

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