Krones (ETR:KRN)‘s stock had its “buy” rating reiterated by investment analysts at DZ Bank in a research report issued to clients and investors on Monday, May 6th, Borsen Zeitung reports.
KRN has been the topic of a number of other research reports. Kepler Capital Markets set a €96.00 ($111.63) price objective on shares of Krones and gave the stock a “buy” rating in a report on Wednesday, April 17th. Deutsche Bank set a €75.00 ($87.21) price objective on shares of Krones and gave the stock a “neutral” rating in a research note on Wednesday, April 17th. Hauck & Aufhaeuser set a €74.00 ($86.05) price objective on shares of Krones and gave the stock a “neutral” rating in a research note on Monday, April 29th. Baader Bank set a €85.00 ($98.84) price objective on shares of Krones and gave the stock a “buy” rating in a research note on Monday, April 29th. Finally, Warburg Research set a €102.00 ($118.60) target price on shares of Krones and gave the stock a “buy” rating in a report on Tuesday, April 30th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Krones currently has a consensus rating of “Hold” and a consensus target price of €88.00 ($102.33).
Shares of ETR KRN traded down €0.45 ($0.52) during trading on Monday, reaching €70.10 ($81.51). 25,999 shares of the company traded hands, compared to its average volume of 33,680. The company has a quick ratio of 1.18, a current ratio of 1.51 and a debt-to-equity ratio of 19.58. The company has a market cap of $2.20 billion and a PE ratio of 14.91. Krones has a 52-week low of €63.80 ($74.19) and a 52-week high of €122.80 ($142.79).
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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