Several other brokerages have also recently weighed in on KRN. set a €118.00 ($140.48) price target on Krones and gave the company a neutral rating in a research report on Friday, September 29th. Baader Bank set a €130.00 ($154.76) price target on Krones and gave the company a buy rating in a research report on Monday, November 27th. UBS Group set a €99.00 ($117.86) price target on Krones and gave the company a sell rating in a research report on Tuesday, October 17th. DZ Bank reiterated a buy rating on shares of Krones in a research report on Tuesday, January 9th. Finally, Deutsche Bank set a €117.00 ($139.29) price target on Krones and gave the company a neutral rating in a research report on Thursday, October 26th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and two have assigned a buy rating to the company’s stock. Krones presently has a consensus rating of Hold and an average price target of €112.41 ($133.82).
Krones (ETR:KRN) opened at €115.00 ($136.90) on Friday. The firm has a market capitalization of $3,630.00 and a price-to-earnings ratio of 21.14. Krones has a 52-week low of €91.00 ($108.33) and a 52-week high of €121.25 ($144.35).
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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