Citigroup Reiterates “€88.00” Price Target for Kion Group (KGX)
A number of other analysts have also recently issued reports on the company. JPMorgan Chase & Co. set a €80.50 ($95.83) price objective on Kion Group and gave the company a buy rating in a research report on Friday, October 27th. Warburg Research set a €70.00 ($83.33) price target on Kion Group and gave the company a neutral rating in a research report on Thursday, October 19th. set a €72.00 ($85.71) price target on Kion Group and gave the company a neutral rating in a research report on Monday, November 6th. Baader Bank set a €89.00 ($105.95) price target on Kion Group and gave the company a buy rating in a research report on Thursday, October 26th. Finally, Goldman Sachs Group set a €71.00 ($84.52) price target on Kion Group and gave the company a neutral rating in a research report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have issued a buy rating to the company’s stock. The company has a consensus rating of Buy and an average target price of €75.91 ($90.36).
Shares of Kion Group (FRA:KGX) opened at €76.30 ($90.83) on Thursday. The stock has a market capitalization of $9,120.00 and a P/E ratio of 27.25. Kion Group has a 1 year low of €50.49 ($60.11) and a 1 year high of €81.82 ($97.40).
Kion Group Company Profile
KION GROUP AG provides supply chain solutions worldwide. It operates through three segments: Industrial Trucks and Services, Supply Chain Solutions, and Corporate Services. The company provides diesel and LPG gas forklift trucks, electric forklift trucks, warehouse handling equipment, platform trucks and tractors, and used trucks; Ad hoc services and spare parts; RFID, racking, automation, transport control, and stock management systems, as well as IT and logistics, and fleet data management solutions; and financing and leasing services, as well as truck rental services.
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