Kion Group AG (KGX) Receives Consensus Rating of “Buy” from Analysts

Shares of Kion Group AG (FRA:KGX) have been given an average rating of “Buy” by the seventeen ratings firms that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have given a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is €74.93 ($89.21).

Several research analysts have weighed in on the stock. Berenberg Bank set a €85.00 ($101.19) price objective on shares of Kion Group and gave the stock a “buy” rating in a report on Wednesday, January 3rd. Citigroup set a €88.00 ($104.76) price objective on shares of Kion Group and gave the stock a “buy” rating in a report on Thursday, January 11th. Nord/LB set a €58.00 ($69.05) price objective on shares of Kion Group and gave the stock a “sell” rating in a report on Wednesday, January 3rd. JPMorgan Chase & Co. reissued a “buy” rating on shares of Kion Group in a report on Wednesday, January 10th. Finally, DZ Bank reissued a “buy” rating on shares of Kion Group in a report on Thursday, October 19th.

Shares of Kion Group (FRA KGX) opened at €74.64 ($88.86) on Friday. The firm has a market cap of $8,800.00 and a price-to-earnings ratio of 26.66. Kion Group has a fifty-two week low of €54.08 ($64.38) and a fifty-two week high of €81.82 ($97.40).

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About Kion Group

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.

Analyst Recommendations for Kion Group (FRA:KGX)

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