Several other analysts have also recently commented on the stock. HSBC set a €69.00 ($80.23) price target on shares of Kion Group and gave the stock a buy rating in a report on Tuesday, September 11th. DZ Bank restated a buy rating on shares of Kion Group in a report on Tuesday, August 28th. UBS Group set a €70.00 ($81.40) price target on shares of Kion Group and gave the stock a neutral rating in a report on Thursday, August 23rd. Hauck & Aufhaeuser set a €76.00 ($88.37) price target on shares of Kion Group and gave the stock a buy rating in a report on Tuesday, September 4th. Finally, Goldman Sachs Group set a €62.00 ($72.09) price target on shares of Kion Group and gave the stock a neutral rating in a report on Wednesday, September 26th. One research analyst has rated the stock with a sell rating, six have given a hold rating and twelve have assigned a buy rating to the company’s stock. Kion Group has an average rating of Buy and a consensus target price of €68.22 ($79.33).
Shares of KGX stock traded down €0.18 ($0.21) during trading on Wednesday, hitting €48.09 ($55.92). 223,642 shares of the company were exchanged. Kion Group has a twelve month low of €57.87 ($67.29) and a twelve month high of €81.82 ($95.14).
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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