Kion Group (FRA:KGX) has been assigned a €68.00 ($79.07) target price by equities research analysts at Morgan Stanley in a research note issued on Wednesday. The firm currently has a “buy” rating on the stock. Morgan Stanley’s price target would indicate a potential upside of 41.81% from the stock’s current price.

A number of other analysts have also weighed in on the company. JPMorgan Chase & Co. set a €59.50 ($69.19) price objective on Kion Group and gave the company a “neutral” rating in a research note on Monday. Deutsche Bank set a €50.00 ($58.14) price objective on Kion Group and gave the company a “neutral” rating in a research note on Friday, November 23rd. Berenberg Bank set a €64.00 ($74.42) price objective on Kion Group and gave the company a “buy” rating in a research note on Thursday, November 15th. Jefferies Financial Group set a €64.00 ($74.42) price objective on Kion Group and gave the company a “buy” rating in a research note on Tuesday, November 13th. Finally, Commerzbank set a €63.00 ($73.26) price objective on Kion Group and gave the company a “buy” rating in a research note on Thursday, November 8th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the stock. Kion Group presently has a consensus rating of “Buy” and a consensus target price of €65.74 ($76.44).

FRA:KGX opened at €47.95 ($55.76) on Wednesday. Kion Group has a fifty-two week low of €57.87 ($67.29) and a fifty-two week high of €81.82 ($95.14).

Kion Group Company Profile

KION GROUP AG provides supply chain solutions 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 IC 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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Analyst Recommendations for Kion Group (FRA:KGX)

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