Krones (ETR:KRN) has been given a €114.00 ($132.56) price target by research analysts at Warburg Research in a report released on Thursday, July 26th. The firm presently has a “neutral” rating on the stock. Warburg Research’s price target suggests a potential upside of 5.36% from the stock’s previous close.
A number of other brokerages have also recently weighed in on KRN. Baader Bank set a €130.00 ($151.16) price objective on shares of Krones and gave the company a “buy” rating in a report on Tuesday, July 17th. Commerzbank set a €120.00 ($139.53) price objective on shares of Krones and gave the company a “neutral” rating in a report on Wednesday, July 18th. Kepler Capital Markets set a €127.00 ($147.67) price target on shares of Krones and gave the stock a “buy” rating in a report on Tuesday, July 3rd. Hauck & Aufhaeuser set a €130.00 ($151.16) price target on shares of Krones and gave the stock a “buy” rating in a report on Monday, July 9th. Finally, DZ Bank reiterated a “buy” rating on shares of Krones in a report on Tuesday, June 19th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of €112.27 ($130.54).
Shares of Krones traded up €0.10 ($0.12), reaching €108.20 ($125.81), during trading on Thursday, Marketbeat reports. The company’s stock had a trading volume of 9,306 shares, compared to its average volume of 33,680. Krones has a 1-year low of €98.70 ($114.77) and a 1-year high of €121.25 ($140.99).
Krones Company Profile
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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