Warburg Research Analysts Give Krones (ETR:KRN) a €102.00 Price Target

Warburg Research set a €102.00 ($118.60) target price on Krones (ETR:KRN) in a research note issued to investors on Thursday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other research firms also recently weighed in on KRN. DZ Bank reissued a neutral rating on shares of Takkt in a research report on Monday, May 6th. Kepler Capital Markets reissued a buy rating and set a $134.00 target price on shares of Airbus in a research report on Tuesday, April 30th. HSBC set a $122.00 target price on shares of Tiffany & Co. and gave the company a buy rating in a research report on Friday, June 14th. Hauck & Aufhaeuser set a €74.00 ($86.05) target price on shares of Krones and gave the company a neutral rating in a research report on Monday, April 29th. Finally, Cfra set a €50.00 ($58.14) target price on shares of Krones and gave the company a sell rating in a research report on Thursday. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average target price of €84.54 ($98.30).

Krones stock opened at €53.80 ($62.56) on Thursday. Krones has a twelve month low of €63.80 ($74.19) and a twelve month high of €119.60 ($139.07). The company’s 50 day moving average is €69.62. The company has a market cap of $1.70 billion and a P/E ratio of 11.44. The company has a quick ratio of 1.18, a current ratio of 1.51 and a debt-to-equity ratio of 19.58.

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.

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Analyst Recommendations for Krones (ETR:KRN)

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