HSBC Holdings plc Analysts Give Koenig & Bauer AG (ETR:SKB) a €66.00 Price Target

Koenig & Bauer AG (ETR:SKB) has been assigned a €66.00 ($77.65) price objective by equities researchers at HSBC Holdings plc in a report released on Thursday. The brokerage currently has a “neutral” rating on the stock.

A number of other equities research analysts have also recently issued reports on the stock. Kepler Capital Markets set a €70.00 ($82.35) target price on shares of Koenig & Bauer AG and gave the company a “buy” rating in a report on Wednesday. Warburg Research set a €71.00 ($83.53) target price on shares of Koenig & Bauer AG and gave the company a “buy” rating in a report on Wednesday. Finally, Hauck & Aufhaeuser set a €82.00 ($96.47) target price on shares of Koenig & Bauer AG and gave the company a “buy” rating in a report on Wednesday.

Shares of Koenig & Bauer AG (SKB) opened at 61.902 on Thursday. The firm has a 50-day moving average price of €62.89 and a 200 day moving average price of €58.96. The company has a market cap of €1.01 billion and a price-to-earnings ratio of 11.973. Koenig & Bauer AG has a 1-year low of €40.62 and a 1-year high of €67.74.

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Koenig & Bauer AG Company Profile

Koenig & Bauer AG (KBA) is a Germany-based printing press manufacturer, acting as the parent company of the Koenig & Bauer Group. The Company operates, along with its group companies, in two business segments: web and special presses, and sheetfed offset presses. The business segment web and special presses encompasses newspaper, commercial, digital, banknote and security presses, systems for industrial coding, as well as presses for the direct decoration of glass and flexible packaging.

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