Kion Group AG (KGX) Given a €64.00 Price Target at Morgan Stanley
Kion Group AG (FRA:KGX) has been given a €64.00 ($75.29) price target by stock analysts at Morgan Stanley in a research note issued on Friday. The brokerage currently has a “neutral” rating on the stock.
A number of other analysts have also recently issued reports on the stock. Citigroup Inc. set a €93.00 ($109.41) price objective on shares of Kion Group AG and gave the stock a “buy” rating in a research note on Thursday. Warburg Research set a €70.00 ($82.35) price objective on shares of Kion Group AG and gave the stock a “neutral” rating in a research note on Thursday. Nord/LB set a €65.00 ($76.47) price objective on shares of Kion Group AG and gave the stock a “neutral” rating in a research note on Wednesday, June 28th. DZ Bank AG reissued a “buy” rating on shares of Kion Group AG in a research note on Thursday, July 27th. Finally, HSBC Holdings plc set a €77.00 ($90.59) price objective on shares of Kion Group AG and gave the stock a “buy” rating in a research note on Thursday, July 27th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the company. Kion Group AG currently has a consensus rating of “Buy” and an average target price of €77.93 ($91.69).
Shares of Kion Group AG (FRA KGX) traded down 0.954% on Friday, reaching €66.547. 5,934 shares of the company’s stock traded hands. Kion Group AG has a 52-week low of €48.23 and a 52-week high of €81.82. The firm’s 50-day moving average is €78.18 and its 200-day moving average is €70.25. The stock has a market cap of €7.85 billion and a price-to-earnings ratio of 24.278.
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