Konecranes (OTCMKTS:KNCRY) PT Lowered to €44.00

Konecranes (OTCMKTS:KNCRYGet Rating) had its price target reduced by UBS Group from €47.00 ($51.09) to €44.00 ($47.83) in a research note issued on Wednesday, The Fly reports.

Separately, Morgan Stanley dropped their price objective on Konecranes from €41.00 ($44.57) to €38.00 ($41.30) in a research note on Monday, April 4th.

OTCMKTS KNCRY opened at $7.01 on Wednesday. The business has a 50-day moving average price of $6.99 and a 200-day moving average price of $7.63. Konecranes has a twelve month low of $5.57 and a twelve month high of $8.14.

Konecranes Company Profile (Get Rating)

Konecranes Plc manufactures, sells, and services cranes, lifting equipment, and machine tools worldwide. It operates through three segments: Service, Industrial Equipment, and Port Solutions. The company offers specialized maintenance services and spare parts for industrial cranes and hoists. It also provides a range of industrial cranes for general manufacturing and various process industries; and crane components and lifting equipment solutions to other crane manufacturers and distributors.

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