Krones (KRN) PT Set at €114.00 by Kepler Capital Markets

Kepler Capital Markets set a €114.00 ($132.56) price objective on Krones (ETR:KRN) in a research note issued to investors on Friday. The brokerage currently has a buy rating on the stock.

A number of other research firms also recently issued reports on KRN. Baader Bank set a €130.00 ($151.16) target price on Krones and gave the company a buy rating in a research report on Wednesday, September 19th. Commerzbank set a €120.00 ($139.53) target price on Krones and gave the company a neutral rating in a research report on Wednesday, July 18th. Berenberg Bank set a €95.00 ($110.47) target price on Krones and gave the company a sell rating in a research report on Friday, July 27th. HSBC set a €106.00 ($123.26) target price on Krones and gave the company a neutral rating in a research report on Wednesday, September 26th. Finally, Hauck & Aufhaeuser set a €100.00 ($116.28) target price on Krones and gave the company a neutral rating in a research report on Wednesday, October 10th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the stock. The stock has an average rating of Hold and an average target price of €109.93 ($127.83).

ETR:KRN opened at €83.40 ($96.98) on Friday. Krones has a 52-week low of €98.70 ($114.77) and a 52-week high of €121.25 ($140.99).

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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