Krones (ETR:KRN) has been assigned a €111.00 ($137.04) price objective by analysts at Kepler Capital Markets in a report released on Tuesday. The firm currently has a “neutral” rating on the stock. Kepler Capital Markets’ target price would suggest a potential upside of 1.56% from the company’s current price.
A number of other research analysts have also issued reports on KRN. Nord/LB set a €100.00 ($123.46) price objective on shares of Krones and gave the company a “neutral” rating in a report on Friday, December 22nd. DZ Bank reiterated a “buy” rating on shares of Krones in a report on Tuesday, January 9th. UBS set a €115.00 ($141.98) price objective on shares of Krones and gave the company a “neutral” rating in a report on Wednesday, January 17th. Berenberg Bank set a €95.00 ($117.28) price objective on shares of Krones and gave the company a “sell” rating in a report on Tuesday, February 6th. Finally, equinet set a €121.00 ($149.38) price objective on shares of Krones and gave the company a “buy” rating in a report on Wednesday, February 7th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of €111.60 ($137.78).
Shares of ETR KRN opened at €109.30 ($134.94) on Tuesday. Krones has a 1 year low of €98.70 ($121.85) and a 1 year high of €121.25 ($149.69).
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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