Krones AG (ETR:KRN) has been given an average recommendation of “Hold” by the fourteen research firms that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is €84.54 ($98.30).
A number of equities analysts recently commented on KRN shares. Kepler Capital Markets reiterated a “buy” rating and issued a $134.00 target price on shares of Airbus in a research report on Tuesday, April 30th. HSBC set a $122.00 target price on shares of Tiffany & Co. and gave the stock a “buy” rating in a research report on Friday, June 14th. Hauck & Aufhaeuser set a €74.00 ($86.05) target price on shares of Krones and gave the stock a “neutral” rating in a research report on Monday, April 29th. Baader Bank set a €85.00 ($98.84) target price on shares of Krones and gave the stock a “buy” rating in a research report on Thursday. Finally, Cfra set a €50.00 ($58.14) target price on shares of Krones and gave the stock a “sell” rating in a research report on Thursday.
ETR:KRN traded up €0.60 ($0.70) during trading hours on Monday, reaching €53.80 ($62.56). The company’s stock had a trading volume of 295,222 shares, compared to its average volume of 33,680. The company has a market capitalization of $1.70 billion and a price-to-earnings ratio of 11.44. The firm’s 50-day moving average price is €69.62. Krones has a 1 year low of €63.80 ($74.19) and a 1 year high of €119.60 ($139.07). The company has a debt-to-equity ratio of 19.58, a current ratio of 1.51 and a quick ratio of 1.18.
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.
Further Reading: QQQ ETF
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.