Cfra Reiterates “€50.00” Price Target for Krones (ETR:KRN)

Cfra set a €50.00 ($58.14) target price on Krones (ETR:KRN) in a research report released on Thursday, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

Other equities analysts also recently issued reports about the stock. Independent Research set a €79.00 ($91.86) target price on shares of Krones and gave the stock a neutral rating in a report on Monday, May 20th. Kepler Capital Markets restated a buy rating and set a $134.00 price target on shares of Airbus in a research note on Tuesday, April 30th. Baader Bank set a €112.00 ($130.23) target price on Bechtle and gave the company a buy rating in a research report on Tuesday, May 21st. HSBC set a $122.00 target price on Tiffany & Co. and gave the company a buy rating in a research report on Friday, June 14th. Finally, Warburg Research set a €36.60 ($42.56) target price on Fuchs Petrolub and gave the company a neutral rating in a research report on Monday, May 6th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company. The stock has a consensus rating of Hold and an average target price of €84.54 ($98.30).

Shares of Krones stock opened at €53.80 ($62.56) on Thursday. The company has a market capitalization of $1.70 billion and a P/E ratio of 11.44. The company has a debt-to-equity ratio of 19.58, a current ratio of 1.51 and a quick ratio of 1.18. The business has a 50-day moving average price of €69.62. Krones has a one year low of €63.80 ($74.19) and a one year high of €119.60 ($139.07).

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.

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Analyst Recommendations for Krones (ETR:KRN)

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