Koenig & Bauer AG (SKB) Receives Consensus Rating of “Buy” from Brokerages

Shares of Koenig & Bauer AG (ETR:SKB) have been assigned an average recommendation of “Buy” from the seven research firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is €76.64 ($94.62).

Several brokerages have weighed in on SKB. Berenberg Bank set a €89.00 ($109.88) target price on Koenig & Bauer and gave the stock a “buy” rating in a research report on Thursday. Oddo Bhf set a €78.00 ($96.30) target price on Koenig & Bauer and gave the stock a “buy” rating in a research report on Monday, March 26th. Hauck & Aufhaeuser set a €82.00 ($101.23) target price on Koenig & Bauer and gave the stock a “buy” rating in a research report on Friday, March 23rd. Warburg Research set a €77.50 ($95.68) target price on Koenig & Bauer and gave the stock a “buy” rating in a research report on Thursday, March 22nd. Finally, Kepler Capital Markets set a €74.00 ($91.36) target price on Koenig & Bauer and gave the stock a “buy” rating in a research report on Thursday, March 22nd.

ETR:SKB remained flat at $€74.55 ($92.04) during trading hours on Monday. Koenig & Bauer has a 1-year low of €54.65 ($67.47) and a 1-year high of €74.25 ($91.67).

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Koenig & Bauer Company Profile

Koenig & Bauer AG develops, produces, distributes, and services printing systems worldwide. It operates through three segments: Sheetfed, Digital & Web, and Special. The Sheetfed segment offers presses for packaging, commercial book, and poster printing, as well as workflow and logistics solutions; and peripheral equipment for finishing and processing printed products.

Analyst Recommendations for Koenig & Bauer (ETR:SKB)

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