Krones (ETR:KRN) PT Set at €105.00 by Commerzbank

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Krones (ETR:KRN) has been assigned a €105.00 ($122.09) price objective by equities research analysts at Commerzbank in a report released on Thursday, October 25th. The firm presently has a “neutral” rating on the stock. Commerzbank’s price target suggests a potential upside of 27.27% from the company’s previous close.

A number of other equities analysts also recently issued reports on KRN. Kepler Capital Markets set a €127.00 ($147.67) price target on shares of Krones and gave the company a “buy” rating in a report on Tuesday, July 3rd. UBS Group set a €115.00 ($133.72) price target on shares of Krones and gave the company a “neutral” rating in a report on Friday, July 6th. Hauck & Aufhaeuser set a €130.00 ($151.16) price target on shares of Krones and gave the company a “buy” rating in a report on Monday, July 9th. Baader Bank set a €130.00 ($151.16) price target on shares of Krones and gave the company a “buy” rating in a report on Tuesday, July 17th. Finally, Warburg Research set a €114.00 ($132.56) price target on shares of Krones and gave the company a “neutral” rating in a report on Thursday, July 26th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of €101.29 ($117.77).

Shares of KRN traded down €0.35 ($0.41) during trading hours on Thursday, reaching €82.50 ($95.93). The company had a trading volume of 38,725 shares, compared to its average volume of 33,680. Krones has a 12-month low of €98.70 ($114.77) and a 12-month high of €121.25 ($140.99).

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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