Kion Group (KGX) Earns “Buy” Rating from Citigroup

Citigroup reissued their buy rating on shares of Kion Group (FRA:KGX) in a report issued on Monday morning.

Several other research firms have also weighed in on KGX. J P Morgan Chase & Co set a €89.00 ($105.95) target price on shares of Kion Group and gave the company a buy rating in a report on Monday, September 11th. UBS set a €66.00 ($78.57) target price on shares of Kion Group and gave the company a sell rating in a report on Thursday, August 10th. DZ Bank restated a buy rating on shares of Kion Group in a report on Thursday, October 19th. Morgan Stanley set a €64.00 ($76.19) target price on shares of Kion Group and gave the company a neutral rating in a report on Friday, October 20th. Finally, Goldman Sachs Group set a €79.00 ($94.05) target price on shares of Kion Group and gave the company a neutral rating in a report on Wednesday, September 20th. Eight analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Kion Group currently has an average rating of Buy and an average price target of €76.09 ($90.59).

Kion Group (FRA:KGX) opened at €67.61 ($80.49) on Monday. Kion Group has a 1-year low of €48.23 ($57.42) and a 1-year high of €81.82 ($97.40).

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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.

Analyst Recommendations for Kion Group (FRA:KGX)

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