UBS Group set a €84.00 ($97.67) price objective on Krones (ETR:KRN) in a research note published on Friday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other equities analysts also recently issued reports about the stock. Kepler Capital Markets set a €50.00 ($58.14) target price on Krones and gave the company a sell rating in a report on Wednesday, October 30th. Baader Bank set a €62.00 ($72.09) price target on Krones and gave the stock a buy rating in a research report on Wednesday, October 30th. Hauck & Aufhaeuser set a €87.00 ($101.16) price target on Krones and gave the stock a buy rating in a research note on Wednesday, January 22nd. Deutsche Bank set a €68.00 ($79.07) price objective on Krones and gave the company a neutral rating in a report on Monday, January 20th. Finally, Independent Research set a €70.00 ($81.40) price objective on Krones and gave the company a neutral rating in a research note on Monday, January 6th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of €68.09 ($79.17).
Shares of ETR:KRN opened at €68.70 ($79.88) on Friday. The stock has a market capitalization of $2.17 billion and a PE ratio of 23.67. Krones has a 1 year low of €47.46 ($55.19) and a 1 year high of €88.85 ($103.31). The firm has a fifty day moving average price of €67.94 and a 200 day moving average price of €58.69. The company has a current ratio of 1.40, a quick ratio of 1.08 and a debt-to-equity ratio of 23.09.
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.
Read More: What are economic reports?
Receive News & Ratings for Krones Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Krones and related companies with MarketBeat.com's FREE daily email newsletter.