UBS Group set a €55.00 ($63.95) target price on Kion Group (FRA:KGX) in a report released on Tuesday, October 16th, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.
Other equities analysts also recently issued reports about the stock. HSBC set a €70.00 ($81.40) price objective on shares of Kion Group and gave the company a neutral rating in a report on Friday, July 27th. Deutsche Bank set a €60.00 ($69.77) price objective on shares of Kion Group and gave the stock a neutral rating in a research note on Friday, July 27th. Baader Bank set a €83.00 ($96.51) price objective on shares of Kion Group and gave the company a buy rating in a report on Tuesday, July 17th. Berenberg Bank set a €74.00 ($86.05) price target on shares of Kion Group and gave the stock a buy rating in a report on Tuesday, July 24th. Finally, JPMorgan Chase & Co. set a €66.00 ($76.74) price objective on shares of Kion Group and gave the stock a neutral rating in a research report on Monday, October 15th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the company. The company presently has a consensus rating of Buy and a consensus target price of €66.71 ($77.56).
Shares of Kion Group stock traded down €1.26 ($1.47) on Tuesday, hitting €50.52 ($58.74). The company had a trading volume of 339,353 shares. 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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