Berenberg Bank Reiterates “€68.00” Price Target for Kion Group (FRA:KGX)

Berenberg Bank set a €68.00 ($70.10) target price on Kion Group (FRA:KGXGet Rating) in a research note published on Tuesday, Borsen Zeitung reports.

Several other research analysts have also recently weighed in on the stock. The Goldman Sachs Group set a €40.00 ($41.24) price objective on shares of Kion Group in a report on Monday, August 1st. Deutsche Bank Aktiengesellschaft set a €54.00 ($55.67) target price on shares of Kion Group in a research report on Wednesday, July 6th. Hauck and Aufhaeuser set a €89.00 ($91.75) target price on shares of Kion Group in a research report on Friday, April 29th. UBS Group set a €75.00 ($77.32) target price on shares of Kion Group in a research report on Friday, July 29th. Finally, JPMorgan Chase & Co. set a €66.00 ($68.04) target price on shares of Kion Group in a research report on Friday, July 29th.

Kion Group Price Performance

KGX opened at €44.81 ($46.20) on Tuesday. The firm has a 50 day moving average price of €42.60 and a 200-day moving average price of €57.48. Kion Group has a twelve month low of €57.87 ($59.66) and a twelve month high of €81.82 ($84.35).

About Kion Group

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KION GROUP AG provides industrial trucks, warehouse technology, supply chain solutions, and related services worldwide. The company operates through Industrial Trucks & Services, and Supply Chain Solutions segments. It develops, manufactures, and sells forklift and warehouse trucks, such as counterbalance trucks with electric drive and internal combustion engine, ride-on and hand-operated industrial trucks, and towing vehicles under the Linde, Fenwick, STILL, Baoli, and OM brand names.

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