Goldman Sachs Group set a €43.00 ($50.00) target price on Kion Group (FRA:KGX) in a research report sent to investors on Wednesday, Borsen Zeitung reports. The firm currently has a sell rating on the stock.
KGX has been the topic of several other reports. Deutsche Bank reiterated a buy rating and set a $24.00 price target on shares of ABB in a research note on Tuesday, May 21st. DZ Bank reiterated a buy rating on shares of Kion Group in a research note on Monday, June 17th. HSBC set a $122.00 price target on Tiffany & Co. and gave the company a buy rating in a research note on Friday, June 14th. Berenberg Bank reiterated a hold rating and set a GBX 320 ($4.18) price target on shares of Helical in a research note on Friday, May 24th. Finally, Baader Bank set a €54.00 ($62.79) price target on Norma Group and gave the company a buy rating in a research note on Thursday, April 25th. One research analyst has rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the company. The stock currently has a consensus rating of Buy and an average target price of €60.47 ($70.31).
Shares of KGX stock opened at €51.62 ($60.02) on Wednesday. Kion Group has a 1-year low of €57.87 ($67.29) and a 1-year high of €81.82 ($95.14). The stock’s fifty day simple moving average is €52.56.
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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