Koenig & Bauer AG (SKB) Receives Consensus Recommendation of “Buy” from Brokerages

Koenig & Bauer AG (ETR:SKB) has received an average recommendation of “Buy” from the eight research firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is €78.59 ($91.38).

A number of equities research analysts have issued reports on the stock. Kepler Capital Markets set a €80.00 ($93.02) price objective on shares of Koenig & Bauer and gave the stock a “buy” rating in a research report on Tuesday, July 24th. Berenberg Bank set a €89.00 ($103.49) price objective on shares of Koenig & Bauer and gave the stock a “buy” rating in a research report on Thursday, August 2nd. Warburg Research set a €79.70 ($92.67) price objective on shares of Koenig & Bauer and gave the stock a “buy” rating in a research report on Tuesday, June 26th. Hauck & Aufhaeuser set a €93.00 ($108.14) price objective on shares of Koenig & Bauer and gave the stock a “buy” rating in a research report on Tuesday, September 11th. Finally, equinet set a €73.00 ($84.88) price objective on shares of Koenig & Bauer and gave the stock a “buy” rating in a research report on Wednesday, August 1st.

SKB stock traded down €0.41 ($0.48) during trading on Friday, reaching €49.74 ($57.84). The stock had a trading volume of 35,655 shares, compared to its average volume of 51,918. Koenig & Bauer has a one year low of €54.65 ($63.55) and a one year 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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