Krones AG (OTCMKTS:KRNTY – Get Free Report) shares dropped 2.3% during trading on Monday . The company traded as low as $68.2527 and last traded at $68.2527. Approximately 1 shares traded hands during trading, a decline of 100% from the average daily volume of 225 shares. The stock had previously closed at $69.88.
Wall Street Analyst Weigh In
Several research analysts recently weighed in on KRNTY shares. Jefferies Financial Group reissued a “buy” rating on shares of Krones in a research note on Friday, May 8th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Krones in a report on Friday, May 15th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.
Get Our Latest Report on Krones
Krones Price Performance
About Krones
Krones AG is a Germany-based manufacturer of machinery and complete production lines for the beverage, food and chemical industries. The company specializes in designing, engineering and supplying integrated systems for bottle blowing, filling, labelling and packaging. Its solutions are tailored to a wide range of liquid products, including carbonated beverages, water, beer, dairy, juices and pharmaceuticals.
In addition to core machinery, Krones offers factory automation and digitalization tools that enable real-time monitoring and optimization of production processes.
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