Krones AG (ETR:KRN) received a €130.00 ($151.16) price objective from Baader Bank in a research note issued to investors on Thursday, October 19th. The brokerage currently has a “buy” rating on the stock. Baader Bank’s price target points to a potential upside of 20.87% from the stock’s previous close.
KRN has been the subject of several other research reports. Deutsche Bank AG set a €110.00 ($127.91) price objective on shares of Krones AG and gave the company a “neutral” rating in a research note on Wednesday, September 13th. DZ Bank AG reiterated a “buy” rating on shares of Krones AG in a research note on Tuesday, September 26th. Commerzbank Ag set a €115.00 ($133.72) price objective on shares of Krones AG and gave the company a “buy” rating in a research note on Thursday, July 13th. BNP Paribas set a €108.00 ($125.58) price target on shares of Krones AG and gave the company a “neutral” rating in a research report on Friday, July 21st. Finally, Nord/LB set a €98.00 ($113.95) price target on shares of Krones AG and gave the company a “neutral” rating in a research report on Wednesday, June 28th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of €110.25 ($128.20).
Krones AG (ETR KRN) traded down €0.15 ($0.17) on Thursday, hitting €108.00 ($125.58). 77,591 shares of the company were exchanged, compared to its average volume of 69,496. Krones AG has a twelve month low of €82.97 ($96.48) and a twelve month high of €121.25 ($140.99).
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Krones AG 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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