Baader Bank Analysts Give Krones (ETR:KRN) a €85.00 Price Target

Baader Bank set a €85.00 ($98.84) price objective on Krones (ETR:KRN) in a report released on Thursday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts also recently commented on KRN. Cfra set a €50.00 ($58.14) price objective on Krones and gave the company a sell rating in a research report on Thursday. HSBC set a $122.00 price objective on Tiffany & Co. and gave the company a buy rating in a research report on Friday, June 14th. Deutsche Bank set a $81.00 price objective on Franco Nevada and gave the company a hold rating in a research report on Thursday. Warburg Research set a €65.00 ($75.58) price objective on Fresenius SE & Co KGaA and gave the company a buy rating in a research report on Thursday. Finally, Kepler Capital Markets reaffirmed a buy rating and issued a $134.00 price objective on shares of Airbus in a research report on Tuesday, April 30th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of €84.54 ($98.30).

Shares of ETR:KRN opened at €53.80 ($62.56) on Thursday. The stock has a market capitalization of $1.70 billion and a P/E ratio of 11.44. The company has a debt-to-equity ratio of 19.58, a quick ratio of 1.18 and a current ratio of 1.51. Krones has a 52 week low of €63.80 ($74.19) and a 52 week high of €119.60 ($139.07). The firm has a fifty day simple moving average of €69.62.

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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Analyst Recommendations for Krones (ETR:KRN)

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