A number of other research analysts have also commented on KRN. Deutsche Bank AG set a €106.00 ($121.84) price objective on Krones AG and gave the company a neutral rating in a report on Saturday, May 20th. Berenberg Bank set a €105.00 ($120.69) price objective on Krones AG and gave the company a neutral rating in a report on Wednesday, June 21st. HSBC Holdings plc set a €117.00 ($134.48) price objective on Krones AG and gave the company a buy rating in a report on Friday, June 30th. Finally, Nord/LB set a €98.00 ($112.64) price objective on Krones AG and gave the company a neutral rating in a report on Wednesday, June 28th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has a consensus rating of Buy and an average price target of €108.50 ($124.71).
Shares of Krones AG (KRN) opened at 107.591 on Thursday. The stock has a 50 day moving average of €109.16 and a 200 day moving average of €100.91. The firm has a market cap of €3.39 billion and a P/E ratio of 19.299. Krones AG has a 52 week low of €80.90 and a 52 week high of €113.90.
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Krones AG Company Profile
Krones AG is a Germany-based designer, developer and manufacturer of processing, packaging and bottling machines and systems. The Company focuses on stretch blow-molding technology, filling and closing technology, aseptic filling, labeling, direct-printing and dressing technology, inspection and monitoring technology, cleaning technology, rinsers and pasteurizers, packing and palletizing technology, conveyor technology, systems engineering, process technology, brewing technology, information technology, polyethylene terephthalate (PET) recycling plants and factory planning.
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