Krones (ETR:KRN) Given a €90.00 Price Target by Berenberg Bank Analysts

Berenberg Bank set a €90.00 ($91.84) price target on Krones (ETR:KRNGet Rating) in a research note issued to investors on Thursday, Borsen Zeitung reports.

A number of other brokerages have also issued reports on KRN. Warburg Research set a €129.00 ($131.63) target price on Krones in a research report on Friday, September 16th. Hauck Aufhäuser Investment Banking set a €99.00 ($101.02) price target on Krones in a report on Monday. Baader Bank set a €120.00 ($122.45) price target on Krones in a report on Friday, September 16th. Deutsche Bank Aktiengesellschaft set a €110.00 ($112.24) price target on Krones in a report on Wednesday. Finally, UBS Group set a €121.00 ($123.47) price target on Krones in a report on Tuesday.

Krones Stock Performance

Shares of KRN opened at €86.15 ($87.91) on Thursday. The business’s 50 day moving average is €83.97 and its two-hundred day moving average is €79.59. Krones has a 52-week low of €67.50 ($68.88) and a 52-week high of €99.60 ($101.63). The firm has a market cap of $2.72 billion and a price-to-earnings ratio of 16.78. The company has a quick ratio of 1.00, a current ratio of 1.40 and a debt-to-equity ratio of 6.10.

About Krones

(Get Rating)

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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