Kion Group (OTCMKTS:KIGRY) Upgraded to “Strong-Buy” at DZ Bank

DZ Bank upgraded shares of Kion Group (OTCMKTS:KIGRY) from a hold rating to a strong-buy rating in a research report report published on Tuesday morning,Zacks.com reports.

Other equities analysts have also issued research reports about the stock. Zacks Research lowered shares of Kion Group from a “hold” rating to a “strong sell” rating in a research report on Friday, March 6th. Jefferies Financial Group upgraded shares of Kion Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 4th. Finally, Oddo Bhf upgraded shares of Kion Group to an “outperform” rating in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Kion Group has a consensus rating of “Moderate Buy”.

Kion Group Price Performance

Shares of OTCMKTS:KIGRY opened at $12.91 on Tuesday. The company has a quick ratio of 0.68, a current ratio of 0.99 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $6.77 billion, a PE ratio of 16.14 and a beta of 2.07. Kion Group has a twelve month low of $11.46 and a twelve month high of $20.54. The company has a 50-day moving average price of $13.13 and a two-hundred day moving average price of $16.58.

Kion Group (OTCMKTS:KIGRY) last issued its earnings results on Thursday, February 26th. The company reported $0.15 earnings per share for the quarter. The firm had revenue of $3.61 billion during the quarter, compared to analyst estimates of $3.48 billion. Kion Group had a net margin of 3.26% and a return on equity of 6.19%. Equities analysts forecast that Kion Group will post 0.98 EPS for the current year.

Kion Group Company Profile

Kion Group AG is a Germany‐based manufacturer of industrial trucks and supply chain solutions, traded over the counter in the U.S. under the ticker KIGRY. The company designs, produces and services a broad range of material handling equipment, including counterbalance trucks, warehouse and very narrow aisle trucks, pallet trucks, reach trucks, and automated guided vehicles. Kion Group also offers software and digital products to optimize warehouse management and logistical operations for customers across manufacturing, retail, distribution and e-commerce industries.

The group’s key brands include Linde Material Handling, STILL and Dematic.