Baader Bank set a €85.00 ($98.84) target price on Krones (ETR:KRN) in a research report report published on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts have also recently weighed in on KRN. HSBC set a €91.00 ($105.81) price target on Krones and gave the company a buy rating in a report on Thursday, January 10th. Deutsche Bank set a €83.00 ($96.51) price target on Krones and gave the company a neutral rating in a report on Wednesday, January 30th. Kepler Capital Markets set a €84.00 ($97.67) price target on Krones and gave the company a buy rating in a report on Thursday, February 14th. UBS Group set a €83.00 ($96.51) price target on Krones and gave the company a neutral rating in a report on Thursday, February 21st. Finally, Hauck & Aufhaeuser set a €77.00 ($89.53) price target on Krones and gave the company a neutral rating in a report on Thursday, February 21st. Two analysts have rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the stock. The company has an average rating of Hold and an average price target of €88.62 ($103.04).

Shares of ETR KRN opened at €87.40 ($101.63) on Tuesday. The company has a current ratio of 1.51, a quick ratio of 1.20 and a debt-to-equity ratio of 0.28. Krones has a 52-week low of €63.80 ($74.19) and a 52-week high of €122.80 ($142.79). The stock has a market capitalization of $2.75 billion and a price-to-earnings ratio of 18.28.

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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