HSBC Holdings plc set a €118.00 ($140.48) target price on Krones AG (ETR:KRN) in a research note published on Friday morning. The firm currently has a neutral rating on the stock.

Other equities research analysts have also recently issued reports about the company. Baader Bank set a €110.00 ($130.95) target price on Krones AG and gave the stock a buy rating in a report on Thursday, July 13th. Commerzbank Ag set a €115.00 ($136.90) target price on Krones AG and gave the stock a buy rating in a report on Thursday, July 13th. DZ Bank AG reaffirmed a buy rating on shares of Krones AG in a report on Friday, July 21st. Hauck & Aufhaeuser set a €115.00 ($136.90) target price on Krones AG and gave the stock a neutral rating in a report on Friday, July 21st. Finally, S&P Global set a €115.00 ($136.90) target price on Krones AG and gave the stock a neutral rating in a report on Friday, July 21st. Eleven analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of €109.77 ($130.67).

Krones AG (ETR:KRN) traded down 1.217% during trading on Friday, hitting €119.112. The stock had a trading volume of 5,937 shares. Krones AG has a 52-week low of €80.90 and a 52-week high of €120.00. The company has a 50-day moving average of €106.39 and a 200 day moving average of €106.62. The firm has a market cap of €3.77 billion and a P/E ratio of 20.985.

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Krones AG 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.

Analyst Recommendations for Krones AG (ETR:KRN)

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