Analyst Price Target is $49.40
This price target is based on 5 analysts offering 12 month price targets for Krones in the last 3 months. The average price target is $49.40, with a high forecast of $49.40 and a low forecast of $49.40. The average price target represents a 0.00% upside from the last price of $49.40.
Current Consensus is
The current consensus among 5 investment analysts is to buy stock in Krones. This rating changed within the last month from a Hold consensus rating.
Krones AG, together with its subsidiaries, plans, develops, and manufactures machines and lines for the fields of process, filling, and packaging technology, and intralogistics in Germany and internationally. It operates in two segments, Machines and Lines for Product Filling and Decoration, and Machines and Lines for Beverage Production/Process Technology. The company provides process technology systems for use in beer, craft beer, juice, milk, soft drink, water, and spirit; bottle design; stretch blow molders; bottle washing machines; filling technology systems; inspection technology systems; labelers; conveyors; product treatment systems; packaging technology systems; palletizing technology systems; block technology systems; and recycling systems. It also offers solutions for intralogistics, material flow technology, or warehousing for the beverage and food sector; and IT solutions. It serves breweries; beverage producers; and companies from the food, chemical, pharmaceutical, and cosmetic industries. Krones AG was founded in 1951 and is headquartered in Neutraubling, Germany.