Krones AG (ETR:KRN) has received an average recommendation of “Hold” from the fourteen research firms that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and five have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is €68.00 ($79.07).
KRN has been the topic of several research analyst reports. DZ Bank reissued a “neutral” rating on shares of Krones in a report on Wednesday, October 9th. HSBC set a €72.00 ($83.72) price objective on Krones and gave the company a “buy” rating in a report on Friday, September 27th. Kepler Capital Markets set a €50.00 ($58.14) price objective on Krones and gave the company a “sell” rating in a report on Thursday, September 26th. Pareto Securities set a €65.00 ($75.58) price objective on Krones and gave the company a “neutral” rating in a report on Thursday, July 25th. Finally, Warburg Research set a €69.00 ($80.23) price objective on Krones and gave the company a “buy” rating in a report on Thursday, July 25th.
Shares of KRN opened at €55.75 ($64.83) on Wednesday. The company has a current ratio of 1.44, a quick ratio of 1.11 and a debt-to-equity ratio of 17.79. Krones has a 12 month low of €47.46 ($55.19) and a 12 month high of €89.00 ($103.49). The stock’s 50 day moving average is €53.97 and its two-hundred day moving average is €64.57. The firm has a market cap of $1.76 billion and a P/E ratio of 16.44.
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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