Several other research analysts also recently commented on KGX. Bank of America set a €78.00 ($90.70) price objective on shares of Kion Group and gave the company a buy rating in a research report on Monday, July 2nd. Deutsche Bank set a €83.00 ($96.51) price objective on shares of Kion Group and gave the company a buy rating in a research report on Wednesday, July 4th. UBS Group set a €70.00 ($81.40) price objective on shares of Kion Group and gave the company a neutral rating in a research report on Friday, July 6th. JPMorgan Chase & Co. restated a neutral rating on shares of Kion Group in a research report on Monday, July 9th. Finally, Berenberg Bank set a €74.00 ($86.05) price objective on shares of Kion Group and gave the company a buy rating in a research report on Tuesday, July 24th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. Kion Group has a consensus rating of Buy and a consensus price target of €67.67 ($78.68).
Shares of FRA KGX traded up €3.01 ($3.50) during midday trading on Thursday, reaching €49.66 ($57.74). The company’s stock had a trading volume of 715,026 shares. Kion Group has a fifty-two week low of €57.87 ($67.29) and a fifty-two week high of €81.82 ($95.14).
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.
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