Koenig & Bauer AG (ETR:SKB) received a €70.00 ($82.35) price target from analysts at Kepler Capital Markets in a research note issued on Wednesday. The brokerage currently has a “buy” rating on the stock.
A number of other equities research analysts have also weighed in on SKB. Warburg Research set a €71.00 ($83.53) price objective on shares of Koenig & Bauer AG and gave the company a “buy” rating in a report on Saturday, May 20th. Hauck & Aufhaeuser set a €82.00 ($96.47) price objective on shares of Koenig & Bauer AG and gave the company a “buy” rating in a report on Tuesday, May 23rd. Finally, HSBC Holdings plc set a €57.00 ($67.06) price objective on shares of Koenig & Bauer AG and gave the company a “neutral” rating in a report on Friday, June 30th.
Koenig & Bauer AG (ETR SKB) traded down 4.577% during trading on Wednesday, reaching €62.775. 1,872 shares of the company were exchanged. Koenig & Bauer AG has a 1-year low of €40.62 and a 1-year high of €67.74. The company’s 50-day moving average price is €62.84 and its 200-day moving average price is €58.76. The stock has a market capitalization of €1.03 billion and a P/E ratio of 12.142.
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About Koenig & Bauer AG
Koenig & Bauer AG (KBA) is a Germany-based printing press manufacturer, acting as the parent company of the Koenig & Bauer Group. The Company operates, along with its group companies, in two business segments: web and special presses, and sheetfed offset presses. The business segment web and special presses encompasses newspaper, commercial, digital, banknote and security presses, systems for industrial coding, as well as presses for the direct decoration of glass and flexible packaging.
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