UBS Group reaffirmed their buy rating on shares of Kion Group (FRA:KGX) in a report released on Thursday, Borsen Zeitung reports.
Other equities research analysts have also recently issued reports about the company. Kepler Capital Markets set a €62.00 ($72.09) price objective on Kion Group and gave the stock a buy rating in a research note on Thursday, April 25th. JPMorgan Chase & Co. set a €53.00 ($61.63) price objective on Kion Group and gave the stock a neutral rating in a research note on Thursday, July 25th. Pareto Securities set a €47.00 ($54.65) price objective on Kion Group and gave the stock a neutral rating in a research note on Thursday, July 25th. Deutsche Bank set a €48.00 ($55.81) target price on Kion Group and gave the company a neutral rating in a research note on Friday, July 26th. Finally, Main First Bank set a €45.00 ($52.33) target price on Kion Group and gave the company a neutral rating in a research note on Monday, August 12th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eleven have issued a buy rating to the stock. The stock has a consensus rating of Buy and a consensus price target of €57.56 ($66.93).
Shares of FRA KGX opened at €42.67 ($49.62) on Thursday. The business’s 50 day moving average is €47.80 and its two-hundred day moving average is €51.87. 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 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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