Kion Group’s (KGX) “Buy” Rating Reaffirmed at JPMorgan Chase & Co.
A number of other analysts have also weighed in on KGX. Warburg Research set a €72.00 ($85.71) target price on Kion Group and gave the stock a sell rating in a report on Wednesday, October 4th. set a €86.00 ($102.38) price objective on Kion Group and gave the company a buy rating in a report on Friday, September 15th. DZ Bank reiterated a buy rating on shares of Kion Group in a report on Tuesday, September 26th. Baader Bank set a €81.00 ($96.43) price objective on Kion Group and gave the company a buy rating in a report on Wednesday, November 1st. Finally, Nord/LB set a €58.00 ($69.05) price objective on Kion Group and gave the company a sell rating in a report on Wednesday, January 3rd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and ten have issued a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus target price of €75.91 ($90.36).
Shares of Kion Group (FRA KGX) opened at €76.42 ($90.98) on Wednesday. The firm has a market capitalization of $9,120.00 and a price-to-earnings ratio of 27.29. Kion Group has a twelve month low of €50.49 ($60.11) and a twelve month 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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