Warburg Research Analysts Give Krones (ETR:KRN) a €60.00 Price Target

Warburg Research set a €60.00 ($69.77) price target on Krones (ETR:KRN) in a research report released on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Other equities analysts have also issued reports about the stock. Hauck & Aufhaeuser set a €87.00 ($101.16) price objective on shares of Krones and gave the stock a buy rating in a report on Thursday, February 20th. Baader Bank set a €82.00 ($95.35) price objective on shares of Krones and gave the stock a buy rating in a report on Thursday, March 19th. DZ Bank restated a neutral rating on shares of Krones in a report on Friday, January 10th. Deutsche Bank set a €41.00 ($47.67) price objective on shares of Krones and gave the stock a neutral rating in a report on Monday. Finally, Independent Research set a €67.00 ($77.91) price objective on shares of Krones and gave the stock a neutral rating in a report on Thursday, February 27th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company’s stock. Krones has an average rating of Hold and an average price target of €65.00 ($75.58).

Shares of ETR KRN opened at €48.86 ($56.81) on Monday. Krones has a twelve month low of €42.68 ($49.63) and a twelve month high of €88.85 ($103.31). The firm has a market cap of $1.54 billion and a P/E ratio of 16.84. The company has a 50 day moving average of €58.47 and a 200 day moving average of €61.10. The company has a quick ratio of 1.08, a current ratio of 1.40 and a debt-to-equity ratio of 23.09.

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.

Recommended Story: What is the Ex-Dividend Date in Investing?

Analyst Recommendations for Krones (ETR:KRN)

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