Krones (KRN) PT Set at €85.00 by Baader Bank

Baader Bank set a €85.00 ($98.84) price target on Krones (ETR:KRN) in a report published on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

KRN has been the subject of a number of other reports. Kepler Capital Markets set a €96.00 ($111.63) price target on Krones and gave the stock a buy rating in a report on Wednesday, April 17th. Hauck & Aufhaeuser set a €74.00 ($86.05) price target on Krones and gave the stock a neutral rating in a report on Monday. UBS Group set a €83.00 ($96.51) price target on Krones and gave the stock a neutral rating in a report on Thursday, February 21st. Deutsche Bank set a €75.00 ($87.21) target price on Krones and gave the company a neutral rating in a research note on Friday, February 22nd. Finally, Independent Research set a €73.00 ($84.88) target price on Krones and gave the company a neutral rating in a research note on Friday, February 22nd. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the stock. Krones presently has an average rating of Hold and a consensus price target of €88.08 ($102.42).

ETR KRN opened at €82.85 ($96.34) on Monday. Krones has a fifty-two week low of €63.80 ($74.19) and a fifty-two week high of €122.80 ($142.79). The firm has a market capitalization of $2.61 billion and a PE ratio of 17.33. The company has a quick ratio of 1.20, a current ratio of 1.51 and a debt-to-equity ratio of 0.28.

Krones 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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Analyst Recommendations for Krones (ETR:KRN)

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