Berenberg Bank set a €58.00 ($67.44) target price on Kion Group (FRA:KGX) in a report published on Friday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other research analysts have also commented on the stock. DZ Bank reiterated a buy rating on shares of Kion Group in a research note on Monday, June 17th. JPMorgan Chase & Co. set a €53.00 ($61.63) price objective on shares of Kion Group and gave the stock a neutral rating in a research report on Thursday, July 25th. UBS Group reiterated a buy rating on shares of Kion Group in a research report on Thursday, August 22nd. Deutsche Bank set a €48.00 ($55.81) target price on shares of Kion Group and gave the company a neutral rating in a research note on Friday, July 26th. Finally, Pareto Securities set a €47.00 ($54.65) target price on shares of Kion Group and gave the company a neutral rating in a research note on Thursday, July 25th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have given a buy rating to the stock. Kion Group currently has an average rating of Buy and a consensus price target of €57.28 ($66.60).
Shares of Kion Group stock opened at €49.40 ($57.44) on Friday. Kion Group has a 1-year low of €57.87 ($67.29) and a 1-year high of €81.82 ($95.14). The business has a 50-day moving average of €45.28 and a 200-day moving average of €51.29.
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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