Morgan Stanley set a €56.00 ($65.12) price target on Kion Group (FRA:KGX) in a research report report published on Thursday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other equities research analysts also recently commented on the stock. HSBC set a €63.00 ($73.26) price target on shares of Kion Group and gave the company a neutral rating in a research report on Friday, October 25th. DZ Bank reiterated a buy rating on shares of Kion Group in a research report on Thursday, October 24th. Berenberg Bank set a €59.00 ($68.60) target price on shares of Kion Group and gave the company a neutral rating in a research note on Tuesday, November 5th. Main First Bank set a €45.00 ($52.33) target price on Kion Group and gave the company a neutral rating in a report on Monday, August 12th. Finally, Baader Bank set a €64.00 ($74.42) target price on Kion Group and gave the stock a neutral rating in a research report on Monday, December 2nd. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the stock. Kion Group currently has an average rating of Hold and an average price target of €57.38 ($66.72).
Kion Group stock opened at €62.40 ($72.56) on Thursday. Kion Group has a fifty-two week low of €57.87 ($67.29) and a fifty-two week high of €81.82 ($95.14). The firm’s 50 day simple moving average is €58.68 and its 200-day simple moving average is €51.61.
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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