KRONES (ETR:KRN) Rating Maintained

In a research report issued on Monday, 4 April, Krones (ETR:KRN) stock “Hold” was reaffirmed by Bankhaus Lampe KG. They currently have a EUR 100.00 PT on the stock. Bankhaus Lampe KG’s PT gives a potential downside of -3.80 % from the company’s current stock price.

ETR:KRN is now trading -1.65% lower at EUR 104.10 as of 14:24 Frankfurt time. KRONES’s stock is up 6.75% over the past 200 days. It has outperformed the S&P 500, which has declined -1.12% over the same time period.

ETR:KRN Price Chart & Trend

The stock price of KRONES has gained 6.75% over the last 200 days, and is in unstable up trend. In the last 50 and 100 days, KRONES is up 8.12% and down 6.98%, respectively. Our stocks momentum model is shown on the price chart below.

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

KRONES (ETR:KRN) Profile

Krones AG is a Germany-based company engaged in packaging and bottling machine manufacturing. It operates throug three segments. The Machines and lines for product filling and decoration segment covers systems, product treatment, labeling, inspection, filling, cleaning, plastics, packaging and palletizing, as well as conveying systems technology for the beverage, food, cosmetics and tobacco industries, among others.

KRONES (ETR:KRN) traded down -1.65% on 4 April, hitting EUR 104.1. A total of 44,476 shares of the company’s stock traded hands. This is down from average of 55,783 shares. KRONES has a 52 week low of EUR 88.52 and a 52 week high of EUR 117.1. The company has a market cap of 3.29B EUR and a P/E ratio of 21.94.

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

The post Bankhaus Lampe KG Reaffirms EUR 100.00 Price Objective On KRONES (ETR:KRN), Reaffirms “Hold” Rating appeared first on Octafinance.