Jefferies Financial Group set a €61.00 ($70.93) target price on Kion Group (FRA:KGX) in a research note released on Friday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other equities analysts have also recently issued research reports about the company. JPMorgan Chase & Co. set a €53.00 ($61.63) price target on Kion Group and gave the company a neutral rating in a research report on Thursday, April 11th. Morgan Stanley set a €60.00 ($69.77) price target on Kion Group and gave the company a neutral rating in a research report on Wednesday, April 10th. UBS Group set a €63.00 ($73.26) price target on Kion Group and gave the company a buy rating in a research report on Friday. Kepler Capital Markets set a €63.00 ($73.26) price target on Kion Group and gave the company a buy rating in a research report on Thursday, March 14th. Finally, Goldman Sachs Group set a €42.00 ($48.84) price target on Kion Group and gave the company a sell rating in a research report on Friday. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. Kion Group has an average rating of Buy and an average target price of €61.50 ($71.51).
Shares of KGX stock opened at €59.86 ($69.60) on Friday. Kion Group has a 52-week low of €57.87 ($67.29) and a 52-week high of €81.82 ($95.14).
About Kion Group
KION GROUP AG provides industrial trucks, warehouse technology, supply chain solutions, and related services 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 internal combustion 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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