Koenig & Bauer AG (ETR:SKB) has been assigned a €71.00 ($83.53) price target by Warburg Research in a research report issued to clients and investors on Wednesday, August 9th. The brokerage currently has a “buy” rating on the stock.
A number of other analysts also recently weighed in on the company. Hauck & Aufhaeuser set a €82.00 ($96.47) target price on Koenig & Bauer AG and gave the stock a “buy” rating in a research report on Tuesday, May 23rd. Kepler Capital Markets set a €70.00 ($82.35) target price on Koenig & Bauer AG and gave the stock a “buy” rating in a research report on Thursday, June 8th. Finally, HSBC Holdings plc set a €57.00 ($67.06) target price on Koenig & Bauer AG and gave the stock a “neutral” rating in a research report on Friday, June 30th.
Koenig & Bauer AG (ETR SKB) opened at 61.375 on Wednesday. Koenig & Bauer AG has a 12-month low of €40.62 and a 12-month high of €67.74. The company has a market cap of €1.02 billion and a PE ratio of 12.631. The stock has a 50 day moving average of €62.53 and a 200-day moving average of €59.36.
About Koenig & Bauer AG
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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