Citigroup Reiterates “Buy” Rating for Kion Group (KGX)
Kion Group (FRA:KGX)‘s stock had its “buy” rating reaffirmed by equities research analysts at Citigroup in a research report issued on Monday.
A number of other research firms have also recently weighed in on KGX. Deutsche Bank set a €78.00 ($92.86) price objective on shares of Kion Group and gave the stock a “buy” rating in a report on Monday. set a €72.00 ($85.71) price objective on shares of Kion Group and gave the stock a “neutral” rating in a report on Monday, November 6th. UBS set a €66.00 ($78.57) price objective on shares of Kion Group and gave the stock a “neutral” rating in a report on Tuesday, November 28th. Morgan Stanley set a €64.00 ($76.19) price objective on shares of Kion Group and gave the stock a “neutral” rating in a report on Tuesday, November 14th. Finally, J P Morgan Chase & Co reissued a “buy” rating on shares of Kion Group in a report on Monday, October 9th. Eight research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of €76.09 ($90.59).
Shares of Kion Group (FRA KGX) opened at €68.83 ($81.94) on Monday. Kion Group has a 1-year low of €48.23 ($57.42) and a 1-year high of €81.82 ($97.40).
Kion Group Company Profile
KION GROUP AG provides supply chain solutions worldwide. It operates through three segments: Industrial Trucks and Services, Supply Chain Solutions, and Corporate Services. The company provides diesel and LPG gas forklift trucks, electric forklift trucks, warehouse handling equipment, platform trucks and tractors, and used trucks; Ad hoc services and spare parts; RFID, racking, automation, transport control, and stock management systems, as well as IT and logistics, and fleet data management solutions; and financing and leasing services, as well as truck rental services.
Receive News & Ratings for Kion Group Ag Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kion Group Ag and related companies with MarketBeat.com's FREE daily email newsletter.