Krones (ETR:KRN) Given a €41.00 Price Target at Deutsche Bank

Deutsche Bank set a €41.00 ($47.67) price objective on Krones (ETR:KRN) in a research note released on Monday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

KRN has been the subject of several other reports. Baader Bank set a €82.00 ($95.35) price target on Krones and gave the stock a buy rating in a report on Thursday, March 19th. Kepler Capital Markets set a €50.00 ($58.14) price target on Krones and gave the stock a sell rating in a report on Thursday, March 19th. Hauck & Aufhaeuser set a €87.00 ($101.16) price target on Krones and gave the stock a buy rating in a report on Thursday, February 20th. UBS Group set a €76.00 ($88.37) price target on Krones and gave the stock a buy rating in a report on Thursday, March 19th. Finally, Independent Research set a €67.00 ($77.91) price target on Krones and gave the stock a neutral rating in a report on Thursday, February 27th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of €65.00 ($75.58).

ETR:KRN opened at €48.86 ($56.81) on Monday. The stock has a market cap of $1.54 billion and a P/E ratio of 16.84. The stock has a 50 day simple moving average of €58.47 and a 200 day simple moving average of €61.10. 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 has a 1-year low of €42.68 ($49.63) and a 1-year high of €88.85 ($103.31).

About Krones

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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