Main First Bank set a €45.00 ($52.33) price objective on Kion Group (FRA:KGX) in a report published on Monday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
KGX has been the topic of a number of other research reports. DZ Bank restated a buy rating on shares of Kion Group in a research note on Monday, June 17th. Pareto Securities set a €47.00 ($54.65) target price on Kion Group and gave the stock a neutral rating in a research note on Thursday, July 25th. UBS Group set a €63.00 ($73.26) target price on Kion Group and gave the stock a buy rating in a research note on Thursday, July 25th. Hauck & Aufhaeuser set a €67.00 ($77.91) target price on Kion Group and gave the stock a buy rating in a research note on Thursday, July 25th. Finally, Warburg Research set a €61.00 ($70.93) target price on Kion Group and gave the stock a buy rating in a research note on Monday, July 29th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and eleven have given a buy rating to the company. The stock presently has an average rating of Buy and a consensus target price of €57.56 ($66.93).
Shares of KGX opened at €40.69 ($47.31) on Monday. Kion Group has a 52 week low of €57.87 ($67.29) and a 52 week high of €81.82 ($95.14). The stock’s 50-day moving average price is €49.99 and its 200-day moving average price is €52.25.
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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