Other analysts have also recently issued reports about the stock. Hauck & Aufhaeuser set a €100.00 ($116.28) price objective on shares of Krones and gave the stock a neutral rating in a research note on Thursday, September 20th. Baader Bank set a €130.00 ($151.16) price objective on shares of Krones and gave the stock a buy rating in a research note on Wednesday, September 19th. Commerzbank set a €120.00 ($139.53) target price on shares of Krones and gave the company a neutral rating in a research note on Wednesday, September 19th. equinet set a €118.00 ($137.21) target price on shares of Krones and gave the company a buy rating in a research note on Wednesday, September 19th. Finally, Kepler Capital Markets set a €127.00 ($147.67) target price on shares of Krones and gave the company a buy rating in a research note on Friday, September 28th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus target price of €92.62 ($107.69).
KRN traded down €0.80 ($0.93) during trading on Thursday, hitting €71.30 ($82.91). The company’s stock had a trading volume of 49,236 shares, compared to its average volume of 33,680. Krones has a one year low of €98.70 ($114.77) and a one year high of €121.25 ($140.99).
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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