Kion Group Ag (FRA:KGX) has been assigned an average recommendation of “Buy” from the seventeen brokerages that are presently covering the stock, Marketbeat reports. Eight research analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is €74.97 ($89.25).
A number of equities research analysts have recently weighed in on the company. Warburg Research set a €72.00 ($85.71) target price on Kion Group and gave the company a “sell” rating in a research note on Wednesday, October 4th. Deutsche Bank set a €78.00 ($92.86) target price on Kion Group and gave the company a “buy” rating in a research note on Monday. set a €86.00 ($102.38) target price on Kion Group and gave the company a “buy” rating in a research note on Friday, September 15th. UBS set a €66.00 ($78.57) target price on Kion Group and gave the company a “sell” rating in a research note on Thursday, August 10th. Finally, Citigroup reissued a “buy” rating on shares of Kion Group in a research note on Monday.
Shares of Kion Group (FRA:KGX) opened at €67.29 ($80.11) on Friday. Kion Group has a 52 week low of €49.72 ($59.19) and a 52 week 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.
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