Krones AG (KRN) Given a €117.00 Price Target at HSBC Holdings plc

HSBC Holdings plc set a €117.00 ($137.65) price objective on Krones AG (ETR:KRN) in a research note published on Wednesday, August 2nd. The brokerage currently has a buy rating on the stock.

Several other equities research analysts have also issued reports on KRN. Deutsche Bank AG set a €106.00 ($124.71) target price on shares of Krones AG and gave the stock a neutral rating in a research note on Saturday, May 20th. Berenberg Bank set a €105.00 ($123.53) target price on shares of Krones AG and gave the stock a neutral rating in a research note on Wednesday, June 21st. Nord/LB set a €98.00 ($115.29) target price on shares of Krones AG and gave the stock a neutral rating in a research note on Wednesday, June 28th. Commerzbank Ag set a €115.00 ($135.29) price target on shares of Krones AG and gave the company a buy rating in a research note on Thursday, July 13th. Finally, Baader Bank set a €110.00 ($129.41) price target on shares of Krones AG and gave the company a buy rating in a research note on Thursday, July 13th. Ten investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of Hold and an average price target of €109.35 ($128.65).

Krones AG (KRN) traded down 0.410% on Wednesday, reaching €104.121. The company’s stock had a trading volume of 250 shares. The stock has a market cap of €3.29 billion and a PE ratio of 18.344. Krones AG has a 12-month low of €80.90 and a 12-month high of €113.90. The company’s 50 day moving average price is €105.31 and its 200-day moving average price is €104.56.

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About Krones AG

Krones AG is a Germany-based designer, developer and manufacturer of processing, packaging and bottling machines and systems. The Company focuses on stretch blow-molding technology, filling and closing technology, aseptic filling, labeling, direct-printing and dressing technology, inspection and monitoring technology, cleaning technology, rinsers and pasteurizers, packing and palletizing technology, conveyor technology, systems engineering, process technology, brewing technology, information technology, polyethylene terephthalate (PET) recycling plants and factory planning.

Analyst Recommendations for Krones AG (ETR:KRN)

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