Bank of America set a €60.00 ($69.77) price target on Kion Group (FRA:KGX) in a research report report published on Tuesday. The firm currently has a buy rating on the stock.
A number of other brokerages have also weighed in on KGX. HSBC set a €69.00 ($80.23) target price on Kion Group and gave the stock a buy rating in a research note on Tuesday, September 11th. Jefferies Financial Group set a €64.00 ($74.42) target price on Kion Group and gave the stock a buy rating in a research note on Friday, November 2nd. Goldman Sachs Group set a €62.00 ($72.09) price target on Kion Group and gave the stock a neutral rating in a research report on Wednesday, September 26th. Morgan Stanley set a €70.00 ($81.40) price target on Kion Group and gave the stock a buy rating in a research report on Tuesday, November 6th. Finally, Citigroup set a €62.00 ($72.09) price target on Kion Group and gave the stock a neutral rating in a research report on Thursday, September 27th. One analyst has rated the stock with a sell rating, four have given a hold rating and twelve have given a buy rating to the company. Kion Group has a consensus rating of Buy and a consensus target price of €63.97 ($74.38).
Shares of FRA KGX opened at €45.36 ($52.74) on Tuesday. Kion Group has a 1-year low of €57.87 ($67.29) and a 1-year 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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