Krones AG (KRN) Given a €117.00 Price Target at Deutsche Bank AG

Krones AG (ETR:KRN) has been assigned a €117.00 ($136.05) target price by investment analysts at Deutsche Bank AG in a report released on Thursday, October 26th. The brokerage currently has a “neutral” rating on the stock. Deutsche Bank AG’s target price would indicate a potential upside of 11.48% from the company’s current price.

A number of other brokerages have also issued reports on KRN. S&P Global set a €115.00 ($133.72) price target on Krones AG and gave the company a “neutral” rating in a research note on Friday, July 21st. Kepler Capital Markets set a €101.00 ($117.44) price target on Krones AG and gave the company a “neutral” rating in a research note on Friday, July 21st. Warburg Research set a €111.70 ($129.88) price objective on Krones AG and gave the company a “neutral” rating in a research report on Friday, July 21st. BNP Paribas set a €108.00 ($125.58) price objective on Krones AG and gave the company a “neutral” rating in a research report on Friday, July 21st. Finally, Hauck & Aufhaeuser set a €115.00 ($133.72) price objective on Krones AG and gave the company a “neutral” rating in a research report on Friday, July 21st. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and two have issued a buy rating to the company. Krones AG has a consensus rating of “Hold” and a consensus price target of €110.25 ($128.20).

Shares of Krones AG (KRN) traded up €0.30 ($0.35) during midday trading on Thursday, reaching €104.95 ($122.03). The company’s stock had a trading volume of 47,933 shares, compared to its average volume of 72,454. Krones AG has a 52-week low of €82.97 ($96.48) and a 52-week high of €121.25 ($140.99).

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About Krones AG

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.

Analyst Recommendations for Krones AG (ETR:KRN)

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