Krones AG (ETR:KRN) has earned a consensus recommendation of “Hold” from the fourteen ratings firms that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating on the company. The average 1 year target price among analysts that have covered the stock in the last year is €92.62 ($107.69).

Several equities research analysts recently issued reports on the company. Warburg Research set a €116.00 ($134.88) price objective on Krones and gave the company a “neutral” rating in a research note on Thursday, October 25th. Cfra set a €70.00 ($81.40) price objective on Krones and gave the company a “sell” rating in a research note on Friday, October 26th. Metzler set a €92.00 ($106.98) price objective on Krones and gave the company a “buy” rating in a research note on Thursday, October 25th. equinet set a €90.00 ($104.65) price objective on Krones and gave the company a “buy” rating in a research note on Friday, October 26th. Finally, Hauck & Aufhaeuser set a €100.00 ($116.28) price objective on Krones and gave the company a “neutral” rating in a research note on Wednesday, October 10th.

ETR KRN traded up €1.70 ($1.98) on Monday, hitting €76.70 ($89.19). 52,823 shares of the stock traded hands, compared to its average volume of 33,680. Krones has a 12 month low of €98.70 ($114.77) and a 12 month high of €121.25 ($140.99).

About Krones

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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Analyst Recommendations for Krones (ETR:KRN)

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