Krones AG (KRN) PT Set at €120.00 by Commerzbank Ag
Krones AG (ETR:KRN) has been assigned a €120.00 ($142.86) target price by investment analysts at Commerzbank Ag in a note issued to investors on Thursday. The firm presently has a “neutral” rating on the stock.
A number of other equities research analysts have also weighed in on KRN. Baader Bank set a €110.00 ($130.95) price objective on Krones AG and gave the company a “buy” rating in a research note on Thursday. Deutsche Bank AG set a €106.00 ($126.19) target price on Krones AG and gave the stock a “neutral” rating in a research report on Saturday, May 20th. Kepler Capital Markets set a €101.00 ($120.24) target price on Krones AG and gave the stock a “neutral” rating in a research report on Monday, August 7th. Hauck & Aufhaeuser set a €115.00 ($136.90) target price on Krones AG and gave the stock a “neutral” rating in a research report on Friday, July 21st. Finally, HSBC Holdings plc set a €117.00 ($139.29) target price on Krones AG and gave the stock a “buy” rating in a research report on Wednesday, August 2nd. Ten analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of €109.68 ($130.58).
Krones AG (ETR KRN) opened at 114.85 on Thursday. The firm has a market capitalization of €3.63 billion and a P/E ratio of 20.23. The company has a 50-day moving average price of €106.01 and a 200-day moving average price of €106.31. Krones AG has a one year low of €80.90 and a one year high of €115.00.
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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