Deutsche Bank Rese… set a €115.00 ($121.05) target price on Krones (ETR:KRN – Get Rating) in a report released on Tuesday morning, Borsen Zeitung reports.
Other research analysts have also recently issued research reports about the company. Baader Bank set a €120.00 ($126.32) price objective on Krones in a research report on Tuesday, April 26th. Warburg Research set a €128.00 ($134.74) price objective on Krones in a research report on Monday, May 9th. UBS Group set a €121.00 ($127.37) price objective on Krones in a research report on Friday, May 6th. Deutsche Bank Aktiengesellschaft set a €117.00 ($123.16) price objective on Krones in a research report on Wednesday, January 12th. Finally, Hauck Aufhäuser Ib set a €92.00 ($96.84) price objective on Krones in a research report on Monday, May 9th.
KRN stock opened at €80.35 ($84.58) on Tuesday. The stock’s fifty day simple moving average is €75.05 and its two-hundred day simple moving average is €85.38. The company has a current ratio of 1.42, a quick ratio of 1.04 and a debt-to-equity ratio of 7.37. Krones has a 1-year low of €67.50 ($71.05) and a 1-year high of €99.60 ($104.84). The stock has a market cap of $2.54 billion and a P/E ratio of 17.23.
Krones AG, together with its subsidiaries, plans, develops, and manufactures machines and lines for the production, filling, and packaging technology in Germany and internationally. It operates in two segments, Machines and Lines for Product Filling and Decoration, and Machines and Lines for Beverage Production/Process Technology.
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