Kepler Capital Markets Reiterates €111.00 Price Target for Krones (KRN)

Krones (ETR:KRN) received a €111.00 ($137.04) price objective from stock analysts at Kepler Capital Markets in a report issued on Tuesday. The firm presently has a “neutral” rating on the stock. Kepler Capital Markets’ price objective would indicate a potential upside of 2.49% from the stock’s previous close.

KRN has been the subject of several other research reports. Nord/LB set a €100.00 ($123.46) price objective on Krones and gave the company a “neutral” rating in a research report on Wednesday, January 3rd. Warburg Research set a €113.00 ($139.51) price objective on Krones and gave the company a “neutral” rating in a research report on Friday, February 23rd. Deutsche Bank reiterated a “neutral” rating on shares of Krones in a research report on Friday, February 23rd. UBS set a €115.00 ($141.98) price objective on Krones and gave the company a “neutral” rating in a research report on Wednesday, January 17th. Finally, Independent Research set a €116.00 ($143.21) target price on Krones and gave the company a “neutral” rating in a research note on Tuesday, March 20th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of €111.60 ($137.78).

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Shares of KRN opened at €108.30 ($133.70) on Tuesday. Krones has a 52-week low of €98.70 ($121.85) and a 52-week high of €121.25 ($149.69).

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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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