Commerzbank set a €70.00 ($86.42) target price on Kion Group (FRA:KGX) in a research note published on Thursday, January 18th. The firm currently has a neutral rating on the stock.
Other equities research analysts also recently issued reports about the stock. Citigroup set a €93.00 ($114.81) price target on shares of Kion Group and gave the company a buy rating in a research note on Thursday, October 19th. DZ Bank reiterated a buy rating on shares of Kion Group in a report on Thursday, October 19th. JPMorgan Chase & Co. reiterated a buy rating on shares of Kion Group in a report on Monday, October 9th. Baader Bank set a €89.00 ($109.88) price objective on shares of Kion Group and gave the company a buy rating in a report on Friday, October 6th. Finally, Berenberg Bank set a €90.00 ($111.11) price target on shares of Kion Group and gave the stock a buy rating in a report on Tuesday, October 17th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and ten have issued a buy rating to the stock. Kion Group has a consensus rating of Buy and an average price target of €75.28 ($92.94).
Shares of Kion Group (FRA:KGX) traded down €1.70 ($2.10) during trading on Thursday, reaching €68.72 ($84.84). 343,646 shares of the company’s stock were exchanged. Kion Group has a 12-month low of €54.08 ($66.77) and a 12-month high of €81.82 ($101.01). The firm has a market capitalization of $7,640.00 and a P/E ratio of 24.54.
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Kion Group Company Profile
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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