Hauck & Aufhaeuser Analysts Give Krones (ETR:KRN) a €55.00 Price Target

Hauck & Aufhaeuser set a €55.00 ($63.95) target price on Krones (ETR:KRN) in a report released on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other research firms have also commented on KRN. Warburg Research set a €69.00 ($80.23) price objective on shares of Krones and gave the company a buy rating in a research note on Thursday, July 25th. Independent Research set a €54.00 ($62.79) price objective on shares of Krones and gave the company a neutral rating in a research note on Monday, August 12th. UBS Group set a €75.00 ($87.21) price objective on shares of Krones and gave the company a neutral rating in a research note on Thursday, July 25th. Pareto Securities set a €65.00 ($75.58) target price on shares of Krones and gave the company a neutral rating in a research report on Thursday, July 25th. Finally, Baader Bank set a €70.00 ($81.40) target price on shares of Krones and gave the company a buy rating in a research report on Thursday, July 25th. One 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. The stock currently has a consensus rating of Hold and an average target price of €72.15 ($83.90).

ETR:KRN opened at €49.98 ($58.12) on Wednesday. The company has a debt-to-equity ratio of 17.79, a quick ratio of 1.11 and a current ratio of 1.44. The firm has a market cap of $1.58 billion and a price-to-earnings ratio of 14.73. Krones has a 52 week low of €47.46 ($55.19) and a 52 week high of €107.50 ($125.00). The firm has a 50-day moving average price of €53.90 and a two-hundred day moving average price of €69.89.

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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