DZ Bank reiterated their neutral rating on shares of Krones (ETR:KRN) in a report issued on Thursday, Borsen Zeitung reports.
Several other equities analysts have also issued reports on KRN. Hauck & Aufhaeuser set a €74.00 ($86.05) price target on shares of Krones and gave the company a neutral rating in a report on Monday, April 29th. Deutsche Bank set a $81.00 price target on shares of Franco Nevada and gave the company a hold rating in a report on Thursday. Baader Bank set a €112.00 ($130.23) price target on shares of Bechtle and gave the company a buy rating in a report on Tuesday, May 21st. Warburg Research set a €65.00 ($75.58) price target on shares of Fresenius SE & Co KGaA and gave the company a buy rating in a report on Thursday. Finally, HSBC set a $122.00 price target on shares of Tiffany & Co. and gave the company a buy rating in a report on Friday, June 14th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the company’s stock. Krones presently has a consensus rating of Hold and a consensus target price of €84.54 ($98.30).
Shares of KRN stock opened at €53.80 ($62.56) on Thursday. Krones has a 12-month low of €63.80 ($74.19) and a 12-month high of €119.60 ($139.07). The firm has a market cap of $1.70 billion and a price-to-earnings ratio of 11.44. The company has a quick ratio of 1.18, a current ratio of 1.51 and a debt-to-equity ratio of 19.58. The company has a fifty day moving average price of €69.62.
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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