Koenig & Bauer (SKB) Given a €67.00 Price Target at HSBC

Koenig & Bauer (ETR:SKB) has been assigned a €67.00 ($77.91) price objective by analysts at HSBC in a research report issued on Tuesday, September 11th. The firm presently has a “buy” rating on the stock. HSBC’s price target would indicate a potential upside of 28.23% from the stock’s current price.

A number of other brokerages also recently issued reports on SKB. equinet set a €73.00 ($84.88) price objective on Koenig & Bauer and gave the company a “buy” rating in a research note on Wednesday, August 1st. Warburg Research set a €79.70 ($92.67) price objective on Koenig & Bauer and gave the company a “buy” rating in a research note on Wednesday, August 1st. Berenberg Bank set a €89.00 ($103.49) price objective on Koenig & Bauer and gave the company a “buy” rating in a research note on Thursday, August 2nd. Hauck & Aufhaeuser set a €93.00 ($108.14) price objective on Koenig & Bauer and gave the company a “buy” rating in a research note on Thursday, August 2nd. Finally, Kepler Capital Markets set a €80.00 ($93.02) price objective on Koenig & Bauer and gave the company a “buy” rating in a research note on Wednesday, August 1st. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of €78.59 ($91.38).

ETR:SKB traded down €0.55 ($0.64) during trading on Tuesday, reaching €52.25 ($60.76). The company’s stock had a trading volume of 50,812 shares, compared to its average volume of 51,918. Koenig & Bauer has a 12 month low of €54.65 ($63.55) and a 12 month high of €74.25 ($86.34).

About Koenig & Bauer

Koenig & Bauer AG develops, produces, distributes, and services printing systems and peripherals worldwide. It operates through three segments: Sheetfed, Digital & Web, and Special. The Sheetfed segment offers presses for packaging and commercial printing, as well as workflow and logistics solutions; and peripheral equipment for finishing and processing printed products.

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Analyst Recommendations for Koenig & Bauer (ETR:SKB)

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