Koenig & Bauer (ETR:SKB) has been given a €46.00 ($53.49) price objective by equities researchers at HSBC in a report issued on Monday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. HSBC’s price target indicates a potential upside of 38.39% from the stock’s current price.
Several other analysts also recently commented on SKB. Kepler Capital Markets set a €33.00 ($38.37) target price on Koenig & Bauer and gave the company a “neutral” rating in a research note on Thursday, November 7th. Hauck & Aufhaeuser set a €68.00 ($79.07) price target on Koenig & Bauer and gave the company a “buy” rating in a research note on Friday, November 8th. Warburg Research set a €62.50 ($72.67) price target on Koenig & Bauer and gave the company a “buy” rating in a research note on Thursday, November 7th. Finally, Berenberg Bank set a €59.10 ($68.72) price target on Koenig & Bauer and gave the company a “buy” rating in a research note on Friday, November 8th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Koenig & Bauer presently has an average rating of “Buy” and a consensus price target of €53.72 ($62.47).
Shares of SKB opened at €33.24 ($38.65) on Monday. The company has a debt-to-equity ratio of 37.73, a current ratio of 1.36 and a quick ratio of 0.38. The stock has a 50-day moving average of €33.47 and a 200-day moving average of €35.51. The company has a market cap of $549.28 million and a PE ratio of 10.02. Koenig & Bauer has a one year low of €28.24 ($32.84) and a one year high of €48.04 ($55.86).
About Koenig & Bauer
Koenig & Bauer AG develops, produces, distributes, and services printing systems and peripherals worldwide. It operates through three segments: Sheetfed, Digital & Web, and Special. The Sheetfed segment offers presses for packaging and commercial printing, as well as workflow and logistics solutions; and peripheral equipment for finishing and processing printed products.
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