Kion Group (KGX) Receives Buy Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their buy rating on shares of Kion Group (FRA:KGX) in a report issued on Wednesday morning.

Several other research analysts have also recently commented on KGX. Berenberg Bank set a €85.00 ($101.19) price target on Kion Group and gave the company a buy rating in a research report on Wednesday, January 3rd. Warburg Research set a €72.00 ($85.71) price target on Kion Group and gave the company a sell rating in a research report on Wednesday, October 4th. set a €86.00 ($102.38) price target on Kion Group and gave the company a buy rating in a research report on Friday, September 15th. Nord/LB set a €58.00 ($69.05) price target on Kion Group and gave the company a sell rating in a research report on Wednesday, January 3rd. Finally, DZ Bank reissued a buy rating on shares of Kion Group in a research report on Tuesday, September 26th. One analyst has rated the stock with a sell rating, six have issued a hold rating and ten have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and an average price target of €75.72 ($90.14).

Shares of Kion Group (FRA:KGX) traded up €0.98 ($1.17) during midday trading on Wednesday, reaching €76.70 ($91.31). The company had a trading volume of 339,600 shares. Kion Group has a 1 year low of €50.49 ($60.11) and a 1 year high of €81.82 ($97.40). The firm has a market capitalization of $8,940.00 and a PE ratio of 27.39.

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About Kion Group

KION GROUP AG provides supply chain solutions worldwide. It operates through three segments: Industrial Trucks and Services, Supply Chain Solutions, and Corporate Services. The company provides diesel and LPG gas forklift trucks, electric forklift trucks, warehouse handling equipment, platform trucks and tractors, and used trucks; Ad hoc services and spare parts; RFID, racking, automation, transport control, and stock management systems, as well as IT and logistics, and fleet data management solutions; and financing and leasing services, as well as truck rental services.

Analyst Recommendations for Kion Group (FRA:KGX)

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