Kion Group AG (KGX) Earns “Buy” Rating from J P Morgan Chase & Co

J P Morgan Chase & Co reiterated their buy rating on shares of Kion Group AG (FRA:KGX) in a research report sent to investors on Monday morning.

Other research analysts have also recently issued research reports about the stock. Baader Bank set a €68.00 ($80.00) price target on shares of Kion Group AG and gave the stock a buy rating in a research note on Wednesday, July 26th. Societe Generale set a €79.00 ($92.94) target price on shares of Kion Group AG and gave the company a buy rating in a research note on Wednesday, July 26th. Citigroup Inc. set a €76.00 ($89.41) target price on shares of Kion Group AG and gave the company a buy rating in a research note on Monday, July 3rd. HSBC Holdings plc set a €72.00 ($84.71) target price on shares of Kion Group AG and gave the company a buy rating in a research note on Friday, June 30th. Finally, Kepler Capital Markets set a €68.00 ($80.00) target price on shares of Kion Group AG and gave the company a buy rating in a research note on Wednesday, July 26th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the stock. Kion Group AG presently has an average rating of Hold and a consensus price target of €76.64 ($90.17).

Kion Group AG (FRA:KGX) opened at 79.971 on Monday. The stock’s 50 day moving average price is €78.38 and its 200 day moving average price is €69.75. Kion Group AG has a 12-month low of €48.23 and a 12-month high of €81.82. The company has a market capitalization of €9.43 billion and a price-to-earnings ratio of 29.176.

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Analyst Recommendations for Kion Group AG (FRA:KGX)

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