Koenig & Bauer (ETR:SKB) has been assigned a €56.00 ($65.12) price target by equities researchers at HSBC in a research note issued to investors on Friday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. HSBC’s price objective points to a potential upside of 63.84% from the company’s current price.
A number of other research analysts have also recently commented on the company. Warburg Research set a €71.50 ($83.14) price target on Koenig & Bauer and gave the stock a “buy” rating in a research note on Friday, May 3rd. Hauck & Aufhaeuser set a €84.00 ($97.67) price objective on Koenig & Bauer and gave the stock a “buy” rating in a research report on Tuesday, April 30th. Kepler Capital Markets set a €62.00 ($72.09) price objective on Koenig & Bauer and gave the stock a “buy” rating in a research report on Monday, March 11th. Finally, Berenberg Bank set a €59.10 ($68.72) price objective on Koenig & Bauer and gave the stock a “buy” rating in a research report on Friday, March 22nd. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Koenig & Bauer has a consensus rating of “Buy” and an average price target of €61.60 ($71.63).
ETR:SKB opened at €34.18 ($39.74) on Friday. The company has a debt-to-equity ratio of 14.57, a quick ratio of 0.46 and a current ratio of 1.48. Koenig & Bauer has a 52 week low of €33.96 ($39.49) and a 52 week high of €67.30 ($78.26). The firm has a market cap of $562.69 million and a price-to-earnings ratio of 9.32.
Koenig & Bauer AG develops, produces, distributes, and services printing systems and peripherals worldwide. It operates through three segments: Sheetfed, Digital & Web, and Special. The Sheetfed segment offers presses for packaging and commercial printing, as well as workflow and logistics solutions; and peripheral equipment for finishing and processing printed products.
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