Börse Express – FLASH ANALYSIS: Warburg Research raises Krones to ‘Buy’ and targets 82 euros

Analytics company Warburg Research has Krones
ahead of the expected figures on October 29 for the third quarter, it went from “Hold” to “Buy” and raised the target price from EUR 51.70 to EUR 82.00. Key figures from the manufacturer of beverage filling systems should indicate a recovery in incoming orders, analyst Stefan Augustin wrote in a study published Friday. The expert expects more price drivers from the next capital market day. He justified the new investment vote with positive long-term prospects./edh/ck

Publication of the original study: 16.10.2020 / 08:15 / CEST

First transfer of original study: date not specified in study / time not specified in study / time zone not specified in study

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AXC0078 2020-10-16 / 10: 02

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