Kion Group (KGX) PT Set at €70.00 by Morgan Stanley

Kion Group (FRA:KGX) has been given a €70.00 ($81.40) price target by analysts at Morgan Stanley in a report released on Wednesday. The firm presently has a “buy” rating on the stock. Morgan Stanley’s price target indicates a potential upside of 45.32% from the stock’s current price.

Other equities research analysts also recently issued reports about the stock. Societe Generale set a €90.00 ($104.65) price target on shares of Kion Group and gave the company a “buy” rating in a research report on Thursday, July 26th. Baader Bank set a €83.00 ($96.51) price target on shares of Kion Group and gave the company a “buy” rating in a research report on Thursday, July 26th. Jefferies Financial Group set a €72.00 ($83.72) price target on shares of Kion Group and gave the company a “buy” rating in a research report on Thursday, August 2nd. Hauck & Aufhaeuser set a €76.00 ($88.37) price target on shares of Kion Group and gave the company a “buy” rating in a research report on Tuesday, September 4th. Finally, JPMorgan Chase & Co. set a €71.00 ($82.56) price target on shares of Kion Group and gave the company a “neutral” rating in a research report on Thursday, July 26th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and twelve have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of €68.22 ($79.33).

Shares of FRA KGX traded down €1.15 ($1.34) during midday trading on Wednesday, reaching €48.17 ($56.01). The company’s stock had a trading volume of 332,402 shares. Kion Group has a fifty-two week low of €57.87 ($67.29) and a fifty-two week high of €81.82 ($95.14).

Kion Group Company Profile

KION GROUP AG provides supply chain solutions worldwide. The company operates through Industrial Trucks and Services, and Supply Chain Solutions segments. It develops, manufactures, and sells forklifts and warehouse trucks, such as counterbalance trucks with electric drive and IC engine, ride-on and hand-operated industrial trucks, towing vehicles, and automated trucks and autonomous trucks under the Linde, Fenwick, STILL, OM STILL, Baoli, and OM Voltas brands.

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Analyst Recommendations for Kion Group (FRA:KGX)

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