Jefferies Financial Group set a €61.00 ($70.93) price objective on Kion Group (FRA:KGX) in a report released on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other research firms have also issued reports on KGX. UBS Group set a €63.00 ($73.26) target price on Kion Group and gave the company a buy rating in a report on Friday. Goldman Sachs Group set a €42.00 ($48.84) target price on Kion Group and gave the company a sell rating in a report on Friday. JPMorgan Chase & Co. set a €53.00 ($61.63) target price on Kion Group and gave the company a neutral rating in a report on Thursday, April 11th. Berenberg Bank set a €64.00 ($74.42) target price on Kion Group and gave the company a buy rating in a report on Friday, February 15th. Finally, Hauck & Aufhaeuser set a €70.00 ($81.40) target price on Kion Group and gave the company a buy rating in a report on Thursday, February 28th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eleven have assigned a buy rating to the company’s stock. Kion Group has a consensus rating of Buy and an average target price of €61.50 ($71.51).
FRA:KGX opened at €59.86 ($69.60) on Friday. Kion Group has a 12-month low of €57.87 ($67.29) and a 12-month high of €81.82 ($95.14).
About Kion Group
KION GROUP AG provides industrial trucks, warehouse technology, supply chain solutions, and related services 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 internal combustion 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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