Jefferies analyst Constantin Hesse has reiterated their bullish stance on 0LQ4 stock, giving a Buy rating on October 15.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Constantin Hesse has given his Buy rating due to a combination of factors that suggest a positive outlook for Krones AG. The company is expected to experience a shift in market sentiment, driven by a promising third quarter performance characterized by strong orders and a healthy profit and loss statement. The presence of Drinktec and a clear pipeline visibility contribute to the confidence in increasing orders with stable pricing, while a robust backlog and high production utilization are anticipated to support solid results.
Furthermore, Krones AG is valued attractively at 11.6 times the price-to-earnings ratio for 2026, which adds to the constructive outlook. The company’s position as a market leader, coupled with a strong management team, makes it less volatile compared to other industrials. Additionally, there is potential for margin improvement and significant growth opportunities, reinforcing the Buy recommendation.
In another report released on October 15, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a €142.00 price target.