UBS Group set a €70.00 ($86.42) target price on Kion Group (FRA:KGX) in a report issued on Friday, www.boersen-zeitung.de reports. The brokerage currently has a neutral rating on the stock.
Other equities research analysts have also issued research reports about the stock. Berenberg Bank set a €85.00 ($104.94) price objective on shares of Kion Group and gave the stock a buy rating in a research report on Wednesday, January 3rd. Citigroup set a €88.00 ($108.64) price objective on shares of Kion Group and gave the stock a buy rating in a research report on Thursday, January 11th. Nord/LB set a €58.00 ($71.60) price objective on shares of Kion Group and gave the stock a sell rating in a research report on Wednesday, January 3rd. JPMorgan Chase & Co. reissued a buy rating on shares of Kion Group in a research report on Wednesday, January 10th. Finally, DZ Bank reissued a buy rating on shares of Kion Group in a research report on Thursday, October 19th. One analyst has rated the stock with a sell rating, six have issued a hold rating and ten have given a buy rating to the company. The company has an average rating of Buy and an average target price of €75.53 ($93.25).
Kion Group (KGX) opened at €71.30 ($88.02) on Friday. Kion Group has a 52-week low of €54.08 ($66.77) and a 52-week high of €81.82 ($101.01). The company has a market cap of $8,450.00 and a P/E ratio of 25.46.
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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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