Deutsche Bank Aktiengesellschaft Reiterates €117.00 Price Target for Krones (ETR:KRN)

Deutsche Bank Aktiengesellschaft set a €117.00 ($132.95) target price on Krones (ETR:KRN) in a report published on Wednesday morning, Borsen Zeitung reports.

Several other research analysts have also weighed in on the company. Kepler Capital Markets set a €69.00 ($78.41) price target on Krones in a research report on Wednesday, November 17th. Warburg Research set a €134.00 ($152.27) target price on Krones in a research note on Friday, January 7th. Baader Bank set a €100.00 ($113.64) target price on Krones in a research note on Tuesday, November 16th. Hauck and Aufhaeuser set a €103.00 ($117.05) price target on Krones in a research note on Thursday, November 11th. Finally, UBS Group set a €113.00 ($128.41) price target on Krones in a research note on Tuesday, December 7th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of Hold and an average price target of €98.25 ($111.65).

ETR:KRN opened at €90.45 ($102.78) on Wednesday. The firm has a market capitalization of $2.86 billion and a price-to-earnings ratio of -276.81. Krones has a twelve month low of €64.30 ($73.07) and a twelve month high of €99.60 ($113.18). The stock’s 50 day moving average price is €94.64 and its two-hundred day moving average price is €88.29. The company has a quick ratio of 1.03, a current ratio of 1.40 and a debt-to-equity ratio of 9.48.

Krones Company Profile

Krones AG, together with its subsidiaries, plans, develops, and manufactures machines and lines for the fields of process, filling, and packaging technology, and intralogistics in Germany and internationally. It operates in two segments, Machines and Lines for Product Filling and Decoration, and Machines and Lines for Beverage Production/Process Technology.

Read More: Trading signals using Bollinger bands

Analyst Recommendations for Krones (ETR:KRN)

Receive News & Ratings for Krones Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Krones and related companies with MarketBeat.com's FREE daily email newsletter.