Several other analysts have also recently commented on KRN. Baader Bank set a €130.00 ($160.49) price target on Krones and gave the company a buy rating in a report on Monday, November 27th. Berenberg Bank set a €105.00 ($129.63) target price on Krones and gave the stock a neutral rating in a report on Friday, December 8th. UBS set a €99.00 ($122.22) target price on Krones and gave the stock a sell rating in a report on Tuesday, December 12th. Nord/LB set a €100.00 ($123.46) target price on Krones and gave the stock a neutral rating in a report on Friday, December 22nd. Finally, DZ Bank reiterated a buy rating on shares of Krones in a report on Tuesday, January 9th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the company’s stock. Krones presently has an average rating of Hold and an average target price of €111.93 ($138.19).
Shares of Krones (KRN) opened at €110.80 ($136.79) on Tuesday. The company has a market capitalization of $3,370.00 and a PE ratio of 20.37. Krones has a fifty-two week low of €98.70 ($121.85) and a fifty-two week high of €121.25 ($149.69).
Krones Company Profile
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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