Berenberg Bank set a €106.00 ($124.71) price target on Kion Group (FRA:KGX) in a research note issued to investors on Tuesday, Borsen Zeitung reports.
A number of other research firms have also weighed in on KGX. UBS Group set a €113.00 ($132.94) price objective on Kion Group in a research report on Wednesday, September 15th. Baader Bank set a €103.00 ($121.18) price objective on Kion Group in a research report on Tuesday, July 27th. Deutsche Bank Aktiengesellschaft set a €95.00 ($111.76) price objective on Kion Group in a research report on Friday, August 6th. JPMorgan Chase & Co. set a €72.00 ($84.71) price objective on Kion Group in a research report on Monday, July 26th. Finally, Hauck and Aufhaeuser set a €101.00 ($118.82) price objective on Kion Group in a research report on Monday. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of Hold and a consensus price target of €88.73 ($104.39).
Shares of FRA KGX opened at €82.70 ($97.29) on Tuesday. Kion Group has a 52-week low of €57.87 ($68.08) and a 52-week high of €81.82 ($96.26). The business’s 50 day moving average is €88.59 and its two-hundred day moving average is €86.35.
KION GROUP AG provides industrial trucks, warehouse technology, supply chain solutions, and related services worldwide. The company operates through Industrial Trucks and Services, Supply Chain Solutions, and Corporate Services segments. It develops, manufactures, and sells forklifts and warehouse trucks, such as counterbalance trucks with electric drive and internal combustion engine, ride-on and hand-operated industrial trucks, and towing vehicles under the Linde, Fenwick, STILL, Baoli, and OM Voltas brand names.
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