DZ Bank Reaffirms Buy Rating for Krones (KRN)

DZ Bank reissued their buy rating on shares of Krones (ETR:KRN) in a research note issued to investors on Tuesday morning.

Several other equities analysts also recently weighed in on KRN. Deutsche Bank set a €110.00 ($130.95) target price on Krones and gave the company a neutral rating in a research report on Wednesday, September 13th. Baader Bank set a €110.00 ($130.95) price objective on Krones and gave the stock a buy rating in a research report on Thursday, September 14th. Commerzbank set a €120.00 ($142.86) price objective on Krones and gave the stock a neutral rating in a research report on Thursday, September 14th. Berenberg Bank set a €105.00 ($125.00) price objective on Krones and gave the stock a neutral rating in a research report on Friday, September 15th. Finally, BNP Paribas set a €108.00 ($128.57) price objective on Krones and gave the stock a neutral rating in a research report on Friday, September 15th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of €110.41 ($131.44).

Krones (ETR KRN) opened at €112.30 ($133.69) on Tuesday. The firm has a market capitalization of $3,550.00 and a P/E ratio of 20.64. Krones has a 1 year low of €88.39 ($105.23) and a 1 year high of €121.25 ($144.35).

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Krones Company Profile

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.

Analyst Recommendations for Krones (ETR:KRN)

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