Koenig & Bauer (ETR:SKB) received a €74.00 ($86.05) price target from analysts at Hauck & Aufhaeuser in a research report issued on Wednesday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Hauck & Aufhaeuser’s price objective indicates a potential upside of 129.10% from the stock’s current price.
SKB has been the topic of a number of other research reports. HSBC set a €56.00 ($65.12) price objective on Koenig & Bauer and gave the company a “buy” rating in a report on Friday, September 27th. Warburg Research set a €71.50 ($83.14) price objective on Koenig & Bauer and gave the company a “buy” rating in a report on Thursday, August 1st. Finally, Berenberg Bank set a €59.10 ($68.72) price objective on Koenig & Bauer and gave the company a “buy” rating in a report on Friday, August 2nd. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of €59.93 ($69.69).
Shares of ETR SKB opened at €32.30 ($37.56) on Wednesday. The company has a debt-to-equity ratio of 37.73, a quick ratio of 0.38 and a current ratio of 1.36. The firm has a market cap of $533.75 million and a price-to-earnings ratio of 9.74. The business’s 50-day simple moving average is €34.73 and its 200-day simple moving average is €36.45. Koenig & Bauer has a 52 week low of €28.24 ($32.84) and a 52 week high of €51.70 ($60.12).
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.
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