Kion Group (FRA:KGX) has been assigned a €60.00 ($69.77) target price by equities research analysts at Hauck & Aufhaeuser in a report released on Monday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Hauck & Aufhaeuser’s target price suggests a potential upside of 16.05% from the stock’s previous close.
KGX has been the topic of a number of other reports. Goldman Sachs Group set a €44.00 ($51.16) price objective on shares of Kion Group and gave the company a “sell” rating in a report on Tuesday, September 24th. UBS Group reaffirmed a “buy” rating on shares of Kion Group in a report on Thursday, August 22nd. Main First Bank set a €45.00 ($52.33) price target on shares of Kion Group and gave the company a “neutral” rating in a report on Monday, August 12th. Pareto Securities set a €47.00 ($54.65) price target on shares of Kion Group and gave the company a “neutral” rating in a report on Thursday, July 25th. Finally, Commerzbank set a €60.00 ($69.77) price target on shares of Kion Group and gave the company a “buy” rating in a report on Friday, October 11th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have issued a buy rating to the company’s stock. Kion Group presently has an average rating of “Buy” and an average target price of €56.82 ($66.07).
Shares of KGX opened at €51.70 ($60.12) on Monday. Kion Group has a 1-year low of €57.87 ($67.29) and a 1-year high of €81.82 ($95.14). The company’s fifty day moving average price is €47.59 and its 200-day moving average price is €50.98.
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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