Warburg Research set a €37.20 ($41.80) price objective on Koenig & Bauer (ETR:SKB) in a research note published on Wednesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other equities research analysts also recently issued research reports about the company. Kepler Capital Markets set a €21.00 ($23.60) price objective on Koenig & Bauer and gave the company a neutral rating in a report on Thursday, May 7th. HSBC set a €28.00 ($31.46) price objective on Koenig & Bauer and gave the company a buy rating in a report on Wednesday, April 22nd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company’s stock. Koenig & Bauer presently has an average rating of Buy and an average target price of €35.22 ($39.57).
ETR SKB opened at €18.25 ($20.51) on Wednesday. The stock has a 50-day simple moving average of €19.56 and a 200 day simple moving average of €20.42. The company has a market capitalization of $301.58 million and a PE ratio of 47.04. The company has a current ratio of 1.32, a quick ratio of 0.45 and a debt-to-equity ratio of 46.59. Koenig & Bauer has a 12 month low of €14.42 ($16.20) and a 12 month high of €41.22 ($46.31).
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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