BNP Paribas Analysts Give Krones AG (ETR:KRN) a €108.00 Price Target

BNP Paribas set a €108.00 ($127.06) price objective on Krones AG (ETR:KRN) in a report issued on Friday, July 21st. The firm currently has a neutral rating on the stock.

A number of other analysts also recently issued reports on KRN. Baader Bank set a €110.00 ($129.41) price objective on shares of Krones AG and gave the stock a buy rating in a report on Friday, July 21st. Commerzbank Ag set a €115.00 ($135.29) price objective on shares of Krones AG and gave the stock a buy rating in a report on Thursday, July 13th. Deutsche Bank AG set a €106.00 ($124.71) price objective on shares of Krones AG and gave the stock a neutral rating in a report on Saturday, May 20th. Kepler Capital Markets set a €101.00 ($118.82) price objective on shares of Krones AG and gave the stock a neutral rating in a report on Friday, July 21st. Finally, Warburg Research set a €111.70 ($131.41) target price on shares of Krones AG and gave the stock a neutral rating in a research note on Friday, July 21st. Ten analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Krones AG currently has an average rating of Hold and an average target price of €109.35 ($128.65).

Krones AG (KRN) opened at 104.75 on Friday. Krones AG has a 52 week low of €80.90 and a 52 week high of €113.90. The firm has a market cap of €3.31 billion and a price-to-earnings ratio of 18.45. The company has a 50-day moving average of €105.38 and a 200-day moving average of €104.48.

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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.