Hauck & Aufhaeuser Reiterates €82.00 Price Target for Koenig & Bauer AG (SKB)

Hauck & Aufhaeuser set a €82.00 ($96.47) target price on Koenig & Bauer AG (ETR:SKB) in a research note published on Wednesday morning. The firm currently has a buy rating on the stock.

SKB has been the subject of a number of other research reports. Warburg Research set a €71.00 ($83.53) price objective on shares of Koenig & Bauer AG and gave the company a buy rating in a report on Saturday, May 20th. Kepler Capital Markets set a €70.00 ($82.35) price objective on shares of Koenig & Bauer AG and gave the company a buy rating in a report on Thursday, June 8th. Finally, HSBC Holdings plc set a €57.00 ($67.06) price objective on shares of Koenig & Bauer AG and gave the company a neutral rating in a report on Friday, June 30th.

Koenig & Bauer AG (SKB) opened at 61.00 on Wednesday. The firm has a 50 day moving average of €62.70 and a 200-day moving average of €59.05. The stock has a market cap of €1.02 billion and a PE ratio of 12.55. Koenig & Bauer AG has a 52-week low of €40.62 and a 52-week high of €67.74.

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Koenig & Bauer AG Company Profile

Koenig & Bauer AG (KBA) is a Germany-based printing press manufacturer, acting as the parent company of the Koenig & Bauer Group. The Company operates, along with its group companies, in two business segments: web and special presses, and sheetfed offset presses. The business segment web and special presses encompasses newspaper, commercial, digital, banknote and security presses, systems for industrial coding, as well as presses for the direct decoration of glass and flexible packaging.

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