Morgan Stanley set a €68.00 ($79.07) price objective on Kion Group (FRA:KGX) in a research report released on Wednesday. The firm currently has a buy rating on the stock.
Other equities analysts have also issued research reports about the stock. Hauck & Aufhaeuser set a €76.00 ($88.37) price objective on shares of Kion Group and gave the company a buy rating in a research report on Tuesday, September 4th. Baader Bank set a €72.00 ($83.72) target price on shares of Kion Group and gave the stock a buy rating in a report on Tuesday, August 14th. Commerzbank set a €63.00 ($73.26) target price on shares of Kion Group and gave the stock a buy rating in a report on Friday, October 26th. HSBC set a €65.00 ($75.58) target price on shares of Kion Group and gave the stock a buy rating in a report on Monday, October 29th. Finally, UBS Group set a €70.00 ($81.40) target price on shares of Kion Group and gave the stock a neutral rating in a report on Thursday, August 23rd. One analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus target price of €65.74 ($76.44).
KGX stock opened at €47.97 ($55.78) on Wednesday. Kion Group has a 52 week low of €57.87 ($67.29) and a 52 week high of €81.82 ($95.14).
Kion Group Company Profile
KION GROUP AG provides supply chain solutions worldwide. The company operates through Industrial Trucks and Services, and Supply Chain Solutions segments. It develops, manufactures, and sells forklifts and warehouse trucks, such as counterbalance trucks with electric drive and IC engine, ride-on and hand-operated industrial trucks, towing vehicles, and automated trucks and autonomous trucks under the Linde, Fenwick, STILL, OM STILL, Baoli, and OM Voltas brands.
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