Baader Bank set a €68.00 ($79.07) price objective on Kion Group (FRA:KGX) in a research note issued to investors on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other equities analysts have also weighed in on the company. Jefferies Financial Group set a €61.00 ($70.93) target price on Kion Group and gave the stock a buy rating in a research report on Friday. UBS Group set a €63.00 ($73.26) target price on Kion Group and gave the stock a buy rating in a research report on Friday. Goldman Sachs Group set a €42.00 ($48.84) target price on Kion Group and gave the stock a sell rating in a research report on Friday. JPMorgan Chase & Co. set a €53.00 ($61.63) target price on Kion Group and gave the stock a neutral rating in a research report on Thursday, April 11th. Finally, Morgan Stanley set a €60.00 ($69.77) price target on Kion Group and gave the company a neutral rating in a research note on Wednesday, April 10th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have given a buy rating to the company. Kion Group currently has a consensus rating of Buy and a consensus target price of €61.50 ($71.51).
Shares of FRA:KGX opened at €60.26 ($70.07) on Monday. Kion Group has a fifty-two week low of €57.87 ($67.29) and a fifty-two week high of €81.82 ($95.14).
Kion Group Company Profile
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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