Baader Bank Reiterates “€85.00” Price Target for Krones (KRN)

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Baader Bank set a €85.00 ($98.84) price target on Krones (ETR:KRN) in a research report report published on Monday. The brokerage currently has a neutral rating on the stock.

KRN has been the subject of several other research reports. Deutsche Bank set a €83.00 ($96.51) price target on Krones and gave the stock a neutral rating in a research note on Wednesday, January 30th. HSBC set a €91.00 ($105.81) price target on Krones and gave the stock a buy rating in a research note on Thursday, January 10th. Warburg Research set a €110.00 ($127.91) price target on Krones and gave the stock a buy rating in a research note on Monday, December 3rd. UBS Group set a €83.00 ($96.51) price target on Krones and gave the stock a neutral rating in a research note on Friday, November 23rd. Finally, Hauck & Aufhaeuser set a €77.00 ($89.53) price target on Krones and gave the stock a neutral rating in a research note on Thursday, November 1st. Two analysts have rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the company. The company presently has a consensus rating of Hold and an average target price of €92.46 ($107.51).

Krones stock opened at €68.10 ($79.19) on Monday. Krones has a one year low of €98.70 ($114.77) and a one year high of €121.25 ($140.99).

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.

See Also: Systematic Risk

Analyst Recommendations for Krones (ETR:KRN)

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