Kion Group (KGX) Given a €63.00 Price Target at UBS Group

Kion Group (FRA:KGX) has been given a €63.00 ($73.26) target price by research analysts at UBS Group in a report issued on Thursday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. UBS Group’s target price would indicate a potential upside of 4.65% from the stock’s previous close.

Several other brokerages also recently weighed in on KGX. Kepler Capital Markets set a €62.00 ($72.09) price objective on Kion Group and gave the stock a “buy” rating in a research report on Thursday. Goldman Sachs Group set a €42.00 ($48.84) price objective on Kion Group and gave the stock a “sell” rating in a research report on Friday, April 12th. Baader Bank set a €68.00 ($79.07) price objective on Kion Group and gave the stock a “buy” rating in a research report on Monday, April 15th. Jefferies Financial Group set a €61.00 ($70.93) price objective on Kion Group and gave the stock a “buy” rating in a research report on Friday, April 12th. Finally, Hauck & Aufhaeuser set a €67.00 ($77.91) price objective on Kion Group and gave the stock a “buy” rating in a research report on Thursday. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have given a buy rating to the stock. Kion Group currently has an average rating of “Buy” and a consensus price target of €61.31 ($71.29).

Shares of KGX traded up €0.24 ($0.28) during trading hours on Thursday, hitting €60.20 ($70.00). 233,602 shares of the company were exchanged. Kion Group has a fifty-two week low of €57.87 ($67.29) and a fifty-two week high of €81.82 ($95.14).

About Kion Group

KION GROUP AG provides industrial trucks, warehouse technology, supply chain solutions, and related services 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 internal combustion 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.

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Analyst Recommendations for Kion Group (FRA:KGX)

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