Baader Bank set a €56.00 ($65.12) target price on Kion Group (FRA:KGX) in a research note published on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other research analysts have also commented on the company. Hauck & Aufhaeuser set a €67.00 ($77.91) price target on Kion Group and gave the stock a buy rating in a research report on Thursday, July 25th. Jefferies Financial Group set a €63.00 ($73.26) price target on Kion Group and gave the stock a neutral rating in a research report on Friday, May 3rd. HSBC set a €60.00 ($69.77) price target on Kion Group and gave the stock a buy rating in a research report on Monday, July 29th. Kepler Capital Markets set a €62.00 ($72.09) price target on Kion Group and gave the stock a buy rating in a research report on Thursday, April 25th. Finally, Main First Bank set a €45.00 ($52.33) price target on Kion Group and gave the stock a neutral rating in a research report on Monday. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have given a buy rating to the company. Kion Group presently has an average rating of Buy and an average price target of €57.56 ($66.93).
Shares of Kion Group stock opened at €40.95 ($47.62) on Tuesday. Kion Group has a twelve month low of €57.87 ($67.29) and a twelve month high of €81.82 ($95.14). The business has a 50-day moving average price of €49.99 and a 200-day moving average price of €52.25.
About Kion Group
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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