Krones AG (KRN) Given a €108.00 Price Target at BNP Paribas
Other research analysts have also issued reports about the stock. 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. Baader Bank set a €110.00 ($130.95) price objective on shares of Krones AG and gave the stock a buy rating in a research note on Friday, July 21st. 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. DZ Bank AG reaffirmed a buy rating on shares of Krones AG in a research note on Friday, July 21st. Finally, 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 Wednesday, July 12th. Ten investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of €109.68 ($130.58).
Krones AG (KRN) traded up 1.64% during midday trading on Friday, reaching €114.85. 468 shares of the company were exchanged. The firm has a market capitalization of €3.63 billion and a PE ratio of 20.23. Krones AG has a 52 week low of €80.90 and a 52 week high of €115.00. The company has a 50-day moving average of €106.01 and a 200 day moving average of €106.31.
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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