Kion Group AG (FRA:KGX) has received an average rating of “Buy” from the seventeen ratings firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and ten have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is €75.20 ($92.84).
A number of research analysts have recently issued reports on KGX shares. Morgan Stanley set a €64.00 ($79.01) price target on shares of Kion Group and gave the stock a “neutral” rating in a research report on Tuesday, November 14th. Baader Bank set a €81.00 ($100.00) price target on shares of Kion Group and gave the stock a “buy” rating in a research report on Wednesday, November 1st. Nord/LB set a €58.00 ($71.60) price objective on shares of Kion Group and gave the stock a “sell” rating in a report on Thursday, December 28th. Kepler Capital Markets set a €74.00 ($91.36) price objective on shares of Kion Group and gave the stock a “neutral” rating in a report on Tuesday, October 24th. Finally, Berenberg Bank set a €85.00 ($104.94) price objective on shares of Kion Group and gave the stock a “buy” rating in a report on Friday, December 22nd.
Kion Group (FRA KGX) opened at €71.42 ($88.17) on Wednesday. Kion Group has a 52-week low of €54.54 ($67.33) and a 52-week high of €81.82 ($101.01). The stock has a market cap of $8,470.00 and a PE ratio of 25.51.
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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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