Warburg Research Analysts Give Krones (ETR:KRN) a €119.00 Price Target

Warburg Research set a €119.00 ($140.00) price target on Krones (ETR:KRN) in a research report released on Monday, Borsen Zeitung reports.

A number of other research analysts have also recently commented on KRN. Baader Bank set a €82.00 ($96.47) price target on shares of Krones and gave the company a buy rating in a research report on Friday, May 7th. Kepler Capital Markets set a €63.00 ($74.12) price target on Krones and gave the stock a sell rating in a research note on Monday, May 10th. UBS Group set a €103.00 ($121.18) price objective on Krones and gave the company a buy rating in a research report on Wednesday, June 9th. DZ Bank restated a buy rating on shares of Krones in a research note on Tuesday, May 11th. Finally, Independent Research set a €73.00 ($85.88) price target on Krones and gave the stock a neutral rating in a report on Friday, April 9th. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of €81.78 ($96.21).

ETR KRN opened at €80.35 ($94.53) on Monday. Krones has a 1 year low of €48.26 ($56.78) and a 1 year high of €80.25 ($94.41). The company has a debt-to-equity ratio of 17.29, a quick ratio of 1.06 and a current ratio of 1.40. The company has a market cap of $2.54 billion and a price-to-earnings ratio of -29.15. The business has a fifty day moving average price of €76.88.

About Krones

Krones AG, together with its subsidiaries, plans, develops, and manufactures machines and lines for the fields of process, filling, and packaging technology, and intralogistics in Germany and internationally. It operates in two segments, Machines and Lines for Product Filling and Decoration, and Machines and Lines for Beverage Production/Process Technology.

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Analyst Recommendations for Krones (ETR:KRN)

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