Kion Group (KGX) PT Set at €64.00 by Berenberg Bank

Kion Group (FRA:KGX) has been assigned a €64.00 ($74.42) price target by analysts at Berenberg Bank in a research note issued on Thursday. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price objective would suggest a potential upside of 24.61% from the company’s previous close.

Other research analysts have also recently issued research reports about the company. Hauck & Aufhaeuser set a €76.00 ($88.37) price target on Kion Group and gave the stock a “buy” rating in a research note on Tuesday, September 4th. Societe Generale set a €90.00 ($104.65) price target on Kion Group and gave the stock a “buy” rating in a research note on Thursday, July 26th. Baader Bank set a €83.00 ($96.51) price target on Kion Group and gave the stock a “buy” rating in a research note on Thursday, July 26th. Jefferies Financial Group set a €72.00 ($83.72) price target on Kion Group and gave the stock a “buy” rating in a research note on Thursday, August 2nd. Finally, Commerzbank set a €63.00 ($73.26) price target on Kion Group and gave the stock a “buy” rating in a research note on Friday, October 26th. One analyst has rated the stock with a sell rating, five have given a hold rating and twelve have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of €66.24 ($77.02).

KGX stock opened at €51.36 ($59.72) on Thursday. Kion Group has a 1-year low of €57.87 ($67.29) and a 1-year 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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