Deutsche Bank set a €75.00 ($87.21) price objective on Krones (ETR:KRN) in a report issued on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other analysts have also recently commented on the company. HSBC set a €94.00 ($109.30) price target on Krones and gave the stock a buy rating in a research report on Monday, April 1st. Independent Research set a €80.00 ($93.02) price target on Krones and gave the stock a neutral rating in a research report on Thursday, March 28th. Baader Bank set a €85.00 ($98.84) price target on Krones and gave the stock a buy rating in a research report on Wednesday, February 27th. DZ Bank restated a buy rating on shares of Krones in a research report on Friday, February 22nd. Finally, Warburg Research set a €110.00 ($127.91) price target on Krones and gave the stock a buy rating in a research report on Thursday, February 21st. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of €88.62 ($103.04).

Shares of KRN opened at €88.00 ($102.33) on Wednesday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.51 and a quick ratio of 1.20. The stock has a market capitalization of $2.78 billion and a price-to-earnings ratio of 18.40. Krones has a 52 week low of €63.80 ($74.19) and a 52 week high of €122.80 ($142.79).

About Krones

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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Analyst Recommendations for Krones (ETR:KRN)

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