KUKA (ETR:KU2) Rating Change

In analysts note sent to clients and investors on Thursday morning, Warburg Research has decreased Kuka (ETR:KU2) stock to “Sell” and has set a 12-month target price per share at EUR 64.00. Warburg Research’s target is -16.67 % from KU2’s last price.

The stock rating downgrade was noticed by stock investors, as ETR:KU2 is currently trading -0.38% lower at EUR 76.20 as of 15:10 Frankfurt time. KUKA’s stock is up 10.02% in the past 200 days. It has outperformed the S&P 500 Index, which has decreased -13.51% in the same time.

Out of 25 analysts covering KUKA, 4 rate it a Buy, 11 indicate a Hold while 11 suggest a Sell. The highest target is EUR 111.81 and the lowest is EUR 65.51 according to Thomson/First Call. The 12-month mean target is EUR 80.63, which means upside potential of 5.81% over the current price.

ETR:KU2 Price Chart & Trend

The stock price of KUKA risen 10.02% over the last 200 days, and is in strong up trend. In the last 50 and 100 days, KUKA is down 6.01% and up 8.72%, respectively. Our stocks momentum model is shown on the price chart below.

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

KUKA (ETR:KU2) Profile

Kuka AG is a Germany-based company focused on automating manufacturing process using robots, and holding company of the KUKA Group. Its business model comprises a Systems division and a Robotics division. The Robotics division supplies industrial robots including the lightweight robot (LWR) researched and developed by the independently operating KUKA Laboratories within the Advanced Robotics section.

KUKA (ETR:KU2) traded down -0.38% on 11 February, hitting EUR 76.2. A total of 154,851 shares of the company’s stock traded hands. This is up from average of 144,143 shares. KUKA has a 52 week low of EUR 60.67 and a 52 week high of EUR 86. The company has a market cap of 2.85B EUR and a P/E ratio of 32.04.

Get the latest KUKA (ETR:KU2) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Warburg Research Reduces KUKA (ETR:KU2) to “Sell” Rating with EUR 64.00 TP appeared first on Octafinance.