Krones (KRN) Given a €130.00 Price Target by Baader Bank Analysts
Krones (ETR:KRN) has been assigned a €130.00 ($151.16) price objective by research analysts at Baader Bank in a research note issued to investors on Wednesday. The firm currently has a “buy” rating on the stock. Baader Bank’s price objective points to a potential upside of 33.40% from the company’s current price.
A number of other research analysts have also issued reports on KRN. Hauck & Aufhaeuser set a €130.00 ($151.16) price target on shares of Krones and gave the company a “buy” rating in a research note on Monday, July 9th. DZ Bank restated a “buy” rating on shares of Krones in a research note on Tuesday, June 19th. UBS Group set a €115.00 ($133.72) price target on shares of Krones and gave the company a “neutral” rating in a research note on Friday, July 6th. Kepler Capital Markets set a €127.00 ($147.67) price target on shares of Krones and gave the company a “buy” rating in a research note on Tuesday, July 3rd. Finally, equinet set a €118.00 ($137.21) price target on shares of Krones and gave the company a “buy” rating in a research note on Wednesday. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the stock. Krones has a consensus rating of “Hold” and a consensus price target of €111.14 ($129.24).
Shares of Krones stock opened at €97.45 ($113.31) on Wednesday. Krones has a 12-month low of €98.70 ($114.77) and a 12-month high of €121.25 ($140.99).
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.
Featured Story: Stock Symbols Definition, Examples, Lookup
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.