Krones AG (ETR:KRN) PT Set at €115.00 by Commerzbank Ag

Commerzbank Ag set a €115.00 ($135.29) target price on Krones AG (ETR:KRN) in a research report released on Thursday, July 13th. The firm currently has a buy rating on the stock.

Several other equities analysts have also recently commented on KRN. Deutsche Bank AG set a €106.00 ($124.71) price target on shares of Krones AG and gave the stock a neutral rating in a research report on Saturday, May 20th. Berenberg Bank set a €105.00 ($123.53) target price on shares of Krones AG and gave the stock a neutral rating in a report on Wednesday, June 21st. Nord/LB set a €98.00 ($115.29) target price on shares of Krones AG and gave the stock a neutral rating in a report on Wednesday, June 28th. Finally, HSBC Holdings plc set a €117.00 ($137.65) target price on shares of Krones AG and gave the stock a buy rating in a report on Friday, June 30th. Ten research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of €109.35 ($128.65).

Shares of Krones AG (KRN) opened at 106.556 on Thursday. The stock has a market capitalization of €3.37 billion and a PE ratio of 18.773. Krones AG has a 1-year low of €80.90 and a 1-year high of €113.90. The firm has a 50-day moving average price of €105.43 and a 200-day moving average price of €104.39.

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Krones AG Company Profile

Krones AG is a Germany-based designer, developer and manufacturer of processing, packaging and bottling machines and systems. The Company focuses on stretch blow-molding technology, filling and closing technology, aseptic filling, labeling, direct-printing and dressing technology, inspection and monitoring technology, cleaning technology, rinsers and pasteurizers, packing and palletizing technology, conveyor technology, systems engineering, process technology, brewing technology, information technology, polyethylene terephthalate (PET) recycling plants and factory planning.

Analyst Recommendations for Krones AG (ETR:KRN)

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