Several other research analysts have also weighed in on the stock. Citigroup Inc. set a €93.00 ($109.41) price objective on shares of Kion Group AG and gave the stock a buy rating in a research note on Thursday. Warburg Research set a €70.00 ($82.35) price target on shares of Kion Group AG and gave the company a neutral rating in a research note on Thursday. Nord/LB set a €65.00 ($76.47) price target on shares of Kion Group AG and gave the company a neutral rating in a research note on Wednesday, June 28th. Morgan Stanley set a €70.00 ($82.35) price target on shares of Kion Group AG and gave the company a neutral rating in a research note on Thursday, July 27th. Finally, DZ Bank AG reaffirmed a buy rating on shares of Kion Group AG in a research note on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus target price of €77.53 ($91.22).
Shares of Kion Group AG (KGX) opened at 66.44 on Friday. The stock’s 50 day moving average is €78.18 and its 200-day moving average is €70.25. Kion Group AG has a 12-month low of €48.23 and a 12-month high of €81.82. The firm has a market cap of €7.83 billion and a price-to-earnings ratio of 24.24.
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