Kepler Capital Markets set a €55.00 ($63.95) price objective on Koenig & Bauer (ETR:SKB) in a research note released on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other equities research analysts have also issued reports on the company. Warburg Research set a €82.00 ($95.35) target price on Koenig & Bauer and gave the company a buy rating in a research note on Thursday, March 21st. Hauck & Aufhaeuser set a €86.00 ($100.00) target price on Koenig & Bauer and gave the company a buy rating in a research note on Friday, March 22nd. Finally, Berenberg Bank set a €59.10 ($68.72) target price on Koenig & Bauer and gave the company a buy rating in a research note on Friday, March 22nd. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of Buy and an average target price of €64.37 ($74.85).
SKB stock opened at €42.36 ($49.26) on Friday. Koenig & Bauer has a 1 year low of €35.34 ($41.09) and a 1 year high of €71.75 ($83.43). The company has a debt-to-equity ratio of 17.91, a quick ratio of 0.94 and a current ratio of 1.53. The company has a market capitalization of $683.20 million and a P/E ratio of 10.97.
About Koenig & Bauer
Koenig & Bauer AG develops, produces, distributes, and services printing systems and peripherals worldwide. It operates through three segments: Sheetfed, Digital & Web, and Special. The Sheetfed segment offers presses for packaging and commercial printing, as well as workflow and logistics solutions; and peripheral equipment for finishing and processing printed products.
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