Constantin Hesse, an analyst from Jefferies, maintained the Buy rating on Krones AG. The associated price target was lowered to €150.00.
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Constantin Hesse has given his Buy rating due to a combination of factors that highlight Krones AG’s strategic positioning and potential for long-term growth. Despite a challenging market and geopolitical environment, Krones is taking steps to solidify its place at the forefront of the industry with its innovative ‘line of the future’. This initiative is expected to enhance its competitive edge and support its ambitious 2028 targets of €7 billion in sales and an EBITDA margin of 11-13%.
While there is some short-term caution due to less optimistic growth expectations for 2026, the company’s strategic initiatives and market positioning provide a solid foundation for future growth. Hesse’s decision to assign a Buy rating reflects confidence in Krones’ ability to navigate current challenges and achieve its long-term objectives, despite the reduction in the target price to €150.
Hesse covers the Technology sector, focusing on stocks such as SMA Solar Technology, PVA TePla, and Siltronic. According to TipRanks, Hesse has an average return of -1.3% and a 45.21% success rate on recommended stocks.
In another report released today, Baader Bank also maintained a Buy rating on the stock with a €175.00 price target.