Analysts Set Kion Group AG (FRA:KGX) Price Target at €59.35

Shares of Kion Group AG (FRA:KGX) have been given an average recommendation of “Buy” by the eighteen brokerages that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have issued a buy rating on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is €59.35 ($69.02).

KGX has been the subject of a number of recent research reports. JPMorgan Chase & Co. set a €53.00 ($61.63) price target on shares of Kion Group and gave the company a “neutral” rating in a research note on Thursday, July 25th. Baader Bank set a €68.00 ($79.07) price target on shares of Kion Group and gave the company a “buy” rating in a research note on Thursday, July 25th. Morgan Stanley set a €60.00 ($69.77) price target on shares of Kion Group and gave the company a “neutral” rating in a research note on Wednesday, April 10th. UBS Group set a €63.00 ($73.26) price target on shares of Kion Group and gave the company a “buy” rating in a research note on Thursday, July 25th. Finally, Goldman Sachs Group set a €43.00 ($50.00) price target on shares of Kion Group and gave the company a “sell” rating in a research note on Thursday, July 25th.

Shares of KGX stock opened at €45.95 ($53.43) on Wednesday. The company’s fifty day simple moving average is €52.48. Kion Group has a 12 month low of €57.87 ($67.29) and a 12 month high of €81.82 ($95.14).

About Kion Group

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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Analyst Recommendations for Kion Group (FRA:KGX)

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