FRANKFURT (dpa-AFX Broker) - Deutsche Bank Research has raised the price target for Krones from 130 to 140 euros ahead of the quarterly figures and left the rating at "Buy". The machine manufacturer should have benefited from strong demand, analyst Lars Vom-Cleff wrote in a study published on Tuesday. The ratio of costs to sales prices should also have developed favorably. Turnover should therefore have risen by twelve percent and operating profit (EBITDA) by 20 percent./mf/edh

Publication of the original study: 23.01.2024 / time not specified in study / CET

First dissemination of the original study: 23/01/2024 / 06:50 / CET

-----------------------

dpa-AFX Broker - the Trader News from dpa-AFX

-----------------------