Deutsche Bank set a €48.00 ($55.81) target price on Kion Group (FRA:KGX) in a research report report published on Friday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
KGX has been the subject of a number of other reports. JPMorgan Chase & Co. assumed coverage on shares of Pinduoduo in a research note on Tuesday, July 9th. They set an underweight rating and a $20.48 price target for the company. Morgan Stanley set a $165.00 price target on shares of Caterpillar and gave the stock a buy rating in a research note on Wednesday, April 10th. Berenberg Bank reaffirmed a hold rating and set a GBX 320 ($4.18) price target on shares of Helical in a research note on Friday, May 24th. Kepler Capital Markets set a €27.00 ($31.40) price target on shares of Jungheinrich and gave the stock a neutral rating in a research note on Thursday, April 25th. Finally, Jefferies Financial Group lifted their price target on shares of Monster Beverage from $65.00 to $70.00 and gave the stock a buy rating in a research note on Friday, May 3rd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the stock. The stock presently has a consensus rating of Buy and an average price target of €60.47 ($70.31).
Kion Group stock opened at €52.54 ($61.09) on Friday. The business has a 50-day simple moving average of €52.56. Kion Group has a twelve month low of €57.87 ($67.29) and a twelve month high of €81.82 ($95.14).
Kion Group Company Profile
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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