Krones (ETR:KRN) PT Set at €54.00 by Independent Research

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Independent Research set a €54.00 ($62.79) price objective on Krones (ETR:KRN) in a report published on Monday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other research analysts have also recently weighed in on KRN. HSBC set a €72.00 ($83.72) target price on shares of Krones and gave the company a buy rating in a research note on Monday, July 29th. Hauck & Aufhaeuser set a €74.00 ($86.05) target price on shares of Krones and gave the company a neutral rating in a research note on Monday, April 29th. Deutsche Bank set a €45.00 ($52.33) target price on shares of Krones and gave the company a neutral rating in a research note on Friday, July 26th. UBS Group set a €75.00 ($87.21) target price on shares of Krones and gave the company a neutral rating in a research note on Thursday, July 25th. Finally, DZ Bank restated a neutral rating on shares of Krones in a research note on Thursday, July 11th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of €73.62 ($85.60).

Shares of Krones stock opened at €48.00 ($55.81) on Monday. The company’s fifty day simple moving average is €57.23 and its 200-day simple moving average is €70.76. The stock has a market capitalization of $1.52 billion and a PE ratio of 14.15. Krones has a 1-year low of €49.66 ($57.74) and a 1-year high of €108.00 ($125.58). The company has a debt-to-equity ratio of 17.79, a current ratio of 1.44 and a quick ratio of 1.11.

About Krones

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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Analyst Recommendations for Krones (ETR:KRN)

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