Warburg Research Analysts Give Krones (ETR:KRN) a €128.00 Price Target

Krones (ETR:KRNGet Rating) has been assigned a €128.00 ($137.63) price target by investment analysts at Warburg Research in a research note issued on Monday, Borsen Zeitung reports. Warburg Research’s target price points to a potential upside of 72.62% from the company’s previous close.

Other equities research analysts have also recently issued reports about the stock. Deutsche Bank Rese… set a €115.00 ($123.66) price objective on shares of Krones in a report on Thursday. UBS Group set a €121.00 ($130.11) target price on shares of Krones in a research report on Tuesday, April 12th. Deutsche Bank Aktiengesellschaft set a €117.00 ($125.81) target price on shares of Krones in a research report on Wednesday, January 12th. Finally, Baader Bank set a €120.00 ($129.03) target price on shares of Krones in a research report on Tuesday, April 26th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of €106.25 ($114.25).

ETR:KRN traded up €1.05 ($1.13) during trading hours on Monday, reaching €74.15 ($79.73). The company’s stock had a trading volume of 15,169 shares, compared to its average volume of 33,680. The company has a market cap of $2.34 billion and a price-to-earnings ratio of 16.57. Krones has a one year low of €67.50 ($72.58) and a one year high of €99.60 ($107.10). The business’s 50-day moving average is €76.24 and its 200-day moving average is €86.11. The company has a debt-to-equity ratio of 7.37, a current ratio of 1.42 and a quick ratio of 1.04.

Krones Company Profile (Get Rating)

Krones AG, together with its subsidiaries, plans, develops, and manufactures machines and lines for the production, filling, and packaging technology 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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