Kion Group (FRA:KGX) has been given a €62.00 ($72.09) price target by investment analysts at Kepler Capital Markets in a report released on Thursday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Kepler Capital Markets’ price target suggests a potential upside of 2.99% from the company’s previous close.
Other research analysts also recently issued reports about the stock. JPMorgan Chase & Co. set a €53.00 ($61.63) price objective on shares of Kion Group and gave the stock a “neutral” rating in a research report on Thursday, April 11th. Jefferies Financial Group set a €61.00 ($70.93) target price on shares of Kion Group and gave the company a “buy” rating in a report on Friday, April 12th. Hauck & Aufhaeuser set a €67.00 ($77.91) target price on shares of Kion Group and gave the company a “buy” rating in a report on Thursday. Baader Bank set a €68.00 ($79.07) target price on shares of Kion Group and gave the company a “buy” rating in a report on Thursday. Finally, Goldman Sachs Group set a €42.00 ($48.84) target price on shares of Kion Group and gave the company a “sell” rating in a report on Thursday. One research 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. The stock currently has a consensus rating of “Buy” and an average target price of €61.31 ($71.29).
Kion Group stock traded up €0.24 ($0.28) during midday trading on Thursday, hitting €60.20 ($70.00). 233,602 shares of the company’s stock were exchanged. Kion Group has a 12-month low of €57.87 ($67.29) and a 12-month 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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