Krones AG (KRN) Given a €105.00 Price Target by Berenberg Bank Analysts

Berenberg Bank set a €105.00 ($125.00) target price on Krones AG (ETR:KRN) in a report published on Friday morning. The firm currently has a neutral rating on the stock.

KRN has been the topic of a number of other research reports. Deutsche Bank AG set a €110.00 ($130.95) target price on shares of Krones AG and gave the stock a neutral rating in a research report on Wednesday. Commerzbank Ag set a €115.00 ($136.90) target price on shares of Krones AG and gave the stock a buy rating in a research report on Thursday, July 13th. BNP Paribas set a €108.00 ($128.57) target price on shares of Krones AG and gave the stock a neutral rating in a research report on Friday, July 21st. Nord/LB set a €98.00 ($116.67) target price on shares of Krones AG and gave the stock a neutral rating in a research report on Wednesday, June 28th. Finally, HSBC Holdings plc set a €117.00 ($139.29) target price on shares of Krones AG and gave the stock a buy rating in a research report on Friday, June 30th. Ten investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of €109.68 ($130.58).

Shares of Krones AG (KRN) traded up 1.64% on Friday, reaching €114.85. 468 shares of the company’s stock were exchanged. The firm’s 50-day moving average price is €106.01 and its 200 day moving average price is €106.31. The company has a market cap of €3.63 billion and a price-to-earnings ratio of 20.23. Krones AG has a 12 month low of €80.90 and a 12 month high of €115.00.

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Krones AG 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.

Analyst Recommendations for Krones AG (ETR:KRN)

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