Kion Group (FRA:KGX) received a €68.00 ($79.07) price objective from research analysts at Baader Bank in a report issued on Thursday, February 28th. The firm presently has a “buy” rating on the stock. Baader Bank’s price target points to a potential upside of 44.65% from the company’s previous close.
Other equities analysts have also issued research reports about the company. Berenberg Bank set a €64.00 ($74.42) price target on Kion Group and gave the company a “buy” rating in a research report on Thursday, November 15th. Jefferies Financial Group set a €64.00 ($74.42) price target on Kion Group and gave the company a “buy” rating in a research report on Tuesday, November 13th. Commerzbank set a €63.00 ($73.26) price target on Kion Group and gave the company a “buy” rating in a research report on Thursday, November 8th. Morgan Stanley set a €70.00 ($81.40) price objective on Kion Group and gave the stock a “buy” rating in a research report on Tuesday, November 6th. Finally, HSBC set a €65.00 ($75.58) price objective on Kion Group and gave the stock a “buy” rating in a research report on Wednesday, December 5th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of €61.06 ($71.00).
KGX stock traded up €0.74 ($0.86) during trading hours on Thursday, hitting €47.01 ($54.66). 296,643 shares of the stock traded hands. Kion Group has a one year low of €57.87 ($67.29) and a one year high of €81.82 ($95.14).
Kion Group Company Profile
KION GROUP AG provides supply chain solutions 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 IC 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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