Kion Group (KGX) Given a €52.00 Price Target by Deutsche Bank Analysts
Deutsche Bank set a €52.00 ($60.47) price target on Kion Group (FRA:KGX) in a research report released on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other research analysts also recently commented on the company. Jefferies Financial Group set a €63.00 ($73.26) target price on Kion Group and gave the stock a neutral rating in a report on Friday, May 3rd. HSBC set a €70.00 ($81.40) target price on Kion Group and gave the stock a buy rating in a report on Friday, April 26th. UBS Group set a €63.00 ($73.26) target price on Kion Group and gave the stock a buy rating in a report on Thursday, April 25th. Kepler Capital Markets set a €62.00 ($72.09) target price on Kion Group and gave the stock a buy rating in a report on Thursday, April 25th. Finally, JPMorgan Chase & Co. set a €53.00 ($61.63) target price on Kion Group and gave the stock a neutral rating in a report on Thursday, April 25th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of €60.93 ($70.85).
FRA KGX opened at €51.92 ($60.37) on Tuesday. 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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