Warburg Research Reiterates “€110.00” Price Target for Krones (KRN)
KRN has been the subject of a number of other reports. Hauck & Aufhaeuser set a €77.00 ($89.53) price target on Krones and gave the company a neutral rating in a research note on Thursday, November 1st. HSBC set a €95.00 ($110.47) price target on Krones and gave the company a buy rating in a research note on Thursday, October 25th. Metzler set a €92.00 ($106.98) price target on Krones and gave the company a buy rating in a research note on Thursday, October 25th. Kepler Capital Markets set a €127.00 ($147.67) price target on Krones and gave the company a buy rating in a research note on Friday, September 28th. Finally, Cfra set a €70.00 ($81.40) price objective on Krones and gave the stock a sell rating in a research note on Friday, October 26th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the company. The company has an average rating of Hold and an average price target of €95.07 ($110.55).
Shares of ETR KRN opened at €72.65 ($84.48) on Monday. Krones has a 1 year low of €98.70 ($114.77) and a 1 year 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.
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