Kion Group (FRA:KGX) has been given a €42.00 ($48.84) price objective by equities researchers at Goldman Sachs Group in a report released on Monday. The brokerage presently has a “sell” rating on the stock. Goldman Sachs Group’s target price indicates a potential downside of 6.98% from the company’s previous close.
KGX has been the subject of a number of other reports. Deutsche Bank set a €50.00 ($58.14) price objective on Kion Group and gave the stock a “neutral” rating in a research report on Friday, November 23rd. Commerzbank set a €63.00 ($73.26) price objective on Kion Group and gave the stock a “buy” rating in a research report on Thursday, November 8th. UBS Group restated a “buy” rating on shares of Kion Group in a research report on Monday, December 17th. HSBC set a €65.00 ($75.58) target price on Kion Group and gave the stock a “buy” rating in a research note on Wednesday, December 5th. Finally, Jefferies Financial Group set a €64.00 ($74.42) target price on Kion Group and gave the stock a “buy” rating in a research note on Friday, November 2nd. One analyst has rated the stock with a sell rating, four have given a hold rating and twelve have assigned a buy rating to the company. Kion Group has a consensus rating of “Buy” and an average price target of €63.97 ($74.38).
Shares of KGX opened at €45.15 ($52.50) on Monday. Kion Group has a 1 year low of €57.87 ($67.29) and a 1 year high of €81.82 ($95.14).
About Kion Group
KION GROUP AG provides supply chain solutions worldwide. The company operates through Industrial Trucks and Services, and Supply Chain Solutions segments. It develops, manufactures, and sells forklifts and warehouse trucks, such as counterbalance trucks with electric drive and IC engine, ride-on and hand-operated industrial trucks, towing vehicles, and automated trucks and autonomous trucks under the Linde, Fenwick, STILL, OM STILL, Baoli, and OM Voltas brands.
See Also: What is the float in trading stocks?
Receive News & Ratings for Kion Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kion Group and related companies with MarketBeat.com's FREE daily email newsletter.