Kepler Capital Markets set a €62.00 ($72.09) price target on Kion Group (FRA:KGX) in a research note issued to investors on Thursday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other equities analysts also recently weighed in on KGX. Goldman Sachs Group set a €42.00 ($48.84) price target on shares of Kion Group and gave the stock a sell rating in a research note on Tuesday, January 8th. Bank of America set a €60.00 ($69.77) price target on shares of Kion Group and gave the stock a buy rating in a research note on Tuesday, January 8th. HSBC set a €65.00 ($75.58) price target on shares of Kion Group and gave the stock a buy rating in a research note on Thursday, January 10th. JPMorgan Chase & Co. reaffirmed a neutral rating on shares of Kion Group in a research note on Thursday, January 10th. Finally, UBS Group reaffirmed a buy rating on shares of Kion Group in a research note on Monday, January 14th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have assigned a buy rating to the company. The company has a consensus rating of Buy and a consensus target price of €60.80 ($70.70).
FRA KGX opened at €60.00 ($69.77) on Thursday. Kion Group has a 1-year low of €57.87 ($67.29) and a 1-year high of €81.82 ($95.14).
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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