Nord/LB Analysts Give Krones (KRN) a €100.00 Price Target

Krones (ETR:KRN) received a €100.00 ($119.05) price objective from investment analysts at Nord/LB in a note issued to investors on Wednesday, January 3rd. The brokerage presently has a “neutral” rating on the stock. Nord/LB’s price objective would indicate a potential downside of 11.89% from the company’s current price.

A number of other equities analysts also recently commented on KRN. DZ Bank reissued a “buy” rating on shares of Krones in a research note on Tuesday, September 26th. Deutsche Bank set a €110.00 ($130.95) price target on shares of Krones and gave the stock a “neutral” rating in a research note on Wednesday, September 13th. S&P Global set a €100.00 ($119.05) price target on shares of Krones and gave the stock a “sell” rating in a research note on Thursday, October 26th. Warburg Research set a €110.30 ($131.31) price target on shares of Krones and gave the stock a “neutral” rating in a research note on Thursday, October 26th. Finally, Berenberg Bank set a €105.00 ($125.00) target price on shares of Krones and gave the stock a “neutral” rating in a research report on Friday, December 8th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of €111.64 ($132.90).

Shares of Krones (ETR:KRN) traded up €0.20 ($0.24) on Wednesday, hitting €113.50 ($135.12). 51,834 shares of the company’s stock were exchanged, compared to its average volume of 35,006. The firm has a market cap of $3,610.00 and a price-to-earnings ratio of 20.86. Krones has a 52 week low of €90.20 ($107.38) and a 52 week high of €121.25 ($144.35).

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About Krones

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 (ETR:KRN)

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