Morgan Stanley set a €70.00 ($81.40) price target on Kion Group AG (FRA:KGX) in a research report sent to investors on Thursday. The firm currently has a neutral rating on the stock.

Other equities research analysts have also recently issued research reports about the stock. UBS AG set a €72.00 ($83.72) price objective on shares of Kion Group AG and gave the stock a neutral rating in a research note on Wednesday, June 21st. Warburg Research set a €65.00 ($75.58) price objective on shares of Kion Group AG and gave the stock a neutral rating in a research note on Wednesday, July 26th. Kepler Capital Markets set a €68.00 ($79.07) price objective on shares of Kion Group AG and gave the stock a buy rating in a research note on Wednesday, July 26th. Societe Generale set a €79.00 ($91.86) price objective on shares of Kion Group AG and gave the stock a buy rating in a research note on Wednesday, July 5th. Finally, Commerzbank Ag set a €54.00 ($62.79) price objective on shares of Kion Group AG and gave the stock a sell rating in a research note on Wednesday, July 26th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of Buy and an average target price of €70.00 ($81.40).

Shares of Kion Group AG (FRA:KGX) opened at 72.37 on Thursday. The company’s 50-day moving average is €69.02 and its 200 day moving average is €62.00. The company has a market capitalization of €8.53 billion and a price-to-earnings ratio of 26.40. Kion Group AG has a 12 month low of €47.60 and a 12 month high of €74.18.

TRADEMARK VIOLATION NOTICE: This story was originally published by Watch List News and is owned by of Watch List News. If you are viewing this story on another website, it was illegally copied and republished in violation of United States & international trademark & copyright law. The original version of this story can be viewed at https://www.watchlistnews.com/morgan-stanley-analysts-give-kion-group-ag-frakgx-a-70-00-price-target/1463082.html.

Analyst Recommendations for Kion Group AG (FRA:KGX)

Receive News & Ratings for Kion Group AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kion Group AG and related companies with Analyst Ratings Network's FREE daily email newsletter.