HSBC Holdings plc set a €118.00 ($137.21) price objective on Krones AG (ETR:KRN) in a research report released on Monday. The firm currently has a neutral rating on the stock.

Several other analysts also recently weighed in on the company. Deutsche Bank AG set a €117.00 ($136.05) price objective on Krones AG and gave the stock a neutral rating in a research report on Thursday, October 26th. Independent Research GmbH set a €112.00 ($130.23) price objective on Krones AG and gave the stock a neutral rating in a research report on Thursday, October 26th. S&P Global set a €100.00 ($116.28) price objective on Krones AG and gave the stock a sell rating in a research report on Thursday, October 26th. Warburg Research set a €110.30 ($128.26) price objective on Krones AG and gave the stock a neutral rating in a research report on Thursday, October 26th. Finally, UBS AG set a €99.00 ($115.12) target price on Krones AG and gave the company a sell rating in a research report on Wednesday, October 25th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the stock. Krones AG currently has an average rating of Hold and a consensus price target of €110.25 ($128.20).

Shares of Krones AG (ETR:KRN) traded down €0.15 ($0.17) during mid-day trading on Monday, hitting €108.00 ($125.58). The company had a trading volume of 77,591 shares, compared to its average volume of 69,496. Krones AG has a twelve month low of €82.97 ($96.48) and a twelve month high of €121.25 ($140.99).

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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.

Analyst Recommendations for Krones AG (ETR:KRN)

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