Krones (ETR:KRN) PT Set at €102.00 by Warburg Research

Krones (ETR:KRN) has been assigned a €102.00 ($118.60) price target by stock analysts at Warburg Research in a research report issued to clients and investors on Thursday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Warburg Research’s price objective indicates a potential upside of 89.59% from the company’s current price.

A number of other analysts also recently issued reports on the stock. Deutsche Bank set a $81.00 price target on shares of Franco Nevada and gave the company a “hold” rating in a report on Thursday. Baader Bank set a €112.00 ($130.23) price target on shares of Bechtle and gave the company a “buy” rating in a report on Tuesday, May 21st. Kepler Capital Markets reiterated a “buy” rating and issued a $134.00 price target on shares of Airbus in a report on Tuesday, April 30th. HSBC set a $122.00 price target on shares of Tiffany & Co. and gave the company a “buy” rating in a report on Friday, June 14th. Finally, DZ Bank reiterated a “neutral” rating on shares of Takkt in a report on Monday, May 6th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of €84.54 ($98.30).

Shares of KRN stock opened at €53.80 ($62.56) on Thursday. The company has a market cap of $1.70 billion and a P/E ratio of 11.44. Krones has a one year low of €63.80 ($74.19) and a one year high of €119.60 ($139.07). The company’s fifty day moving average price is €69.62. The company has a quick ratio of 1.18, a current ratio of 1.51 and a debt-to-equity ratio of 19.58.

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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