Koenig & Bauer (ETR:SKB) received a €88.00 ($102.33) price target from investment analysts at Hauck & Aufhaeuser in a report issued on Friday. The firm currently has a “buy” rating on the stock. Hauck & Aufhaeuser’s target price suggests a potential upside of 97.49% from the company’s current price.
Several other research firms have also weighed in on SKB. HSBC set a €59.00 ($68.60) target price on shares of Koenig & Bauer and gave the company a “buy” rating in a report on Wednesday, December 5th. Berenberg Bank set a €89.00 ($103.49) price objective on shares of Koenig & Bauer and gave the stock a “buy” rating in a report on Thursday, December 6th. Finally, Kepler Capital Markets set a €72.00 ($83.72) price objective on shares of Koenig & Bauer and gave the stock a “buy” rating in a report on Tuesday, December 4th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Koenig & Bauer has a consensus rating of “Buy” and an average price target of €69.29 ($80.56).
Shares of SKB stock traded up €2.56 ($2.98) on Friday, reaching €44.56 ($51.81). 35,582 shares of the company were exchanged, compared to its average volume of 51,918. The stock has a market capitalization of $691.43 million and a P/E ratio of 10.25. Koenig & Bauer has a 1 year low of €35.68 ($41.49) and a 1 year high of €78.70 ($91.51). The company has a quick ratio of 0.72, a current ratio of 1.49 and a debt-to-equity ratio of 11.72.
Koenig & Bauer AG develops, produces, distributes, and services printing systems and peripherals worldwide. It operates through three segments: Sheetfed, Digital & Web, and Special. The Sheetfed segment offers presses for packaging and commercial printing, as well as workflow and logistics solutions; and peripheral equipment for finishing and processing printed products.
Recommended Story: Cost of Equity For A Business, Investors
Receive News & Ratings for Koenig & Bauer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Koenig & Bauer and related companies with MarketBeat.com's FREE daily email newsletter.