Krones AG (ETR:KRN) has been assigned a €108.00 ($128.57) price target by stock analysts at BNP Paribas in a research note issued on Friday. The brokerage currently has a “neutral” rating on the stock.
KRN has been the topic of several other research reports. Deutsche Bank AG set a €106.00 ($126.19) price objective on shares of Krones AG and gave the stock a “neutral” rating in a research note on Saturday, May 20th. Berenberg Bank set a €105.00 ($125.00) price objective on shares of Krones AG and gave the stock a “neutral” rating in a research note on Wednesday, June 21st. Nord/LB set a €98.00 ($116.67) price objective on shares of Krones AG and gave the stock a “neutral” rating in a research note on Wednesday, June 28th. HSBC Holdings plc set a €117.00 ($139.29) price objective on shares of Krones AG and gave the stock a “buy” rating in a research note on Friday, June 30th. Finally, Commerzbank Ag set a €115.00 ($136.90) price objective on shares of Krones AG and gave the stock a “buy” rating in a research note on Thursday, July 13th. Ten investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of €109.68 ($130.58).
Krones AG (ETR:KRN) opened at 114.85 on Friday. The firm has a market cap of €3.63 billion and a PE ratio of 20.23. Krones AG has a 12 month low of €80.90 and a 12 month high of €115.00. The company has a 50-day moving average price of €106.01 and a 200 day moving average price of €106.31.
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About Krones AG
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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