Citigroup set a €80.00 ($98.77) price target on Kion Group (FRA:KGX) in a research report released on Friday morning. The brokerage currently has a neutral rating on the stock.
A number of other brokerages also recently commented on KGX. Berenberg Bank set a €85.00 ($104.94) price objective on shares of Kion Group and gave the company a buy rating in a research report on Wednesday, January 3rd. Nord/LB set a €58.00 ($71.60) price objective on shares of Kion Group and gave the company a sell rating in a research report on Wednesday, January 3rd. JPMorgan Chase reissued a buy rating on shares of Kion Group in a research report on Wednesday, January 10th. DZ Bank reissued a buy rating on shares of Kion Group in a research report on Tuesday, February 27th. Finally, HSBC set a €81.00 ($100.00) price objective on shares of Kion Group and gave the company a neutral rating in a research report on Friday, March 2nd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and ten have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of €76.56 ($94.52).
Shares of FRA:KGX opened at €77.26 ($95.38) 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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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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