Goldman Sachs Group set a €74.00 ($88.10) target price on Kion Group (FRA:KGX) in a report published on Friday morning. The brokerage currently has a neutral rating on the stock.
Several other equities research analysts also recently weighed in on the company. JPMorgan Chase & Co. set a €80.50 ($95.83) price target on Kion Group and gave the stock a buy rating in a report on Friday, October 27th. Citigroup set a €93.00 ($110.71) price target on Kion Group and gave the stock a buy rating in a report on Thursday, October 19th. Warburg Research set a €70.00 ($83.33) price objective on Kion Group and gave the stock a neutral rating in a research report on Thursday, October 19th. set a €72.00 ($85.71) price objective on Kion Group and gave the stock a neutral rating in a research report on Monday, November 6th. Finally, Baader Bank set a €89.00 ($105.95) price objective on Kion Group and gave the stock a buy rating in a research report on Thursday, October 26th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average target price of €75.91 ($90.36).
Shares of Kion Group (FRA:KGX) traded up €0.56 ($0.67) during midday trading on Friday, hitting €76.42 ($90.98). The company had a trading volume of 380 shares. Kion Group has a 52-week low of €50.49 ($60.11) and a 52-week high of €81.82 ($97.40). The firm has a market capitalization of $9,120.00 and a P/E ratio of 27.29.
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About Kion Group
KION GROUP AG provides supply chain solutions worldwide. It operates through three segments: Industrial Trucks and Services, Supply Chain Solutions, and Corporate Services. The company provides diesel and LPG gas forklift trucks, electric forklift trucks, warehouse handling equipment, platform trucks and tractors, and used trucks; Ad hoc services and spare parts; RFID, racking, automation, transport control, and stock management systems, as well as IT and logistics, and fleet data management solutions; and financing and leasing services, as well as truck rental services.
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