Kion Group (FRA:KGX) has been assigned a €85.00 ($104.94) target price by stock analysts at Jefferies Group in a report released on Friday. The firm presently has a “buy” rating on the stock. Jefferies Group’s price target would suggest a potential upside of 10.62% from the company’s previous close.
Other analysts have also issued research reports about the company. Berenberg Bank set a €85.00 ($104.94) price target on Kion Group and gave the company a “buy” rating in a report on Wednesday, January 3rd. Citigroup set a €88.00 ($108.64) price target on Kion Group and gave the company a “buy” rating in a report on Thursday, January 11th. JPMorgan Chase reiterated a “buy” rating on shares of Kion Group in a report on Wednesday, January 10th. Morgan Stanley set a €75.00 ($92.59) price target on Kion Group and gave the company a “buy” rating in a report on Wednesday, December 13th. Finally, Deutsche Bank reiterated a “buy” rating on shares of Kion Group in a report on Wednesday, February 21st. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of €76.56 ($94.52).
Shares of FRA KGX opened at €76.84 ($94.86) on Friday. Kion Group has a 52-week low of €57.87 ($71.44) and a 52-week high of €81.82 ($101.01).
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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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