Krones (ETR:KRN) Given a €41.00 Price Target at Deutsche Bank

Deutsche Bank set a €41.00 ($47.67) price target on Krones (ETR:KRN) in a report issued on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

A number of other equities research analysts have also recently weighed in on the company. DZ Bank reaffirmed a neutral rating on shares of Krones in a report on Friday, January 10th. Baader Bank set a €82.00 ($95.35) price target on Krones and gave the company a buy rating in a report on Thursday, March 19th. Independent Research set a €67.00 ($77.91) price target on Krones and gave the company a neutral rating in a report on Thursday, February 27th. Kepler Capital Markets set a €50.00 ($58.14) price target on Krones and gave the company a sell rating in a report on Thursday, March 19th. Finally, UBS Group set a €76.00 ($88.37) price target on Krones and gave the company a buy rating in a report on Thursday, March 19th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of €65.00 ($75.58).

KRN opened at €48.38 ($56.26) on Monday. The business’s 50 day moving average is €58.47 and its 200-day moving average is €61.10. The stock has a market cap of $1.53 billion and a PE ratio of 16.67. The company has a current ratio of 1.40, a quick ratio of 1.08 and a debt-to-equity ratio of 23.09. Krones has a twelve month low of €42.68 ($49.63) and a twelve month high of €88.85 ($103.31).

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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