Kion Group (FRA:KGX) received a €82.00 ($95.35) target price from stock analysts at Kepler Capital Markets in a research report issued to clients and investors on Thursday. The brokerage currently has a “buy” rating on the stock. Kepler Capital Markets’ price objective suggests a potential upside of 65.12% from the stock’s current price.
A number of other equities analysts also recently commented on KGX. Goldman Sachs Group set a €62.00 ($72.09) price objective on shares of Kion Group and gave the stock a “neutral” rating in a research note on Thursday. Baader Bank set a €72.00 ($83.72) price objective on shares of Kion Group and gave the stock a “buy” rating in a research note on Thursday. UBS Group set a €70.00 ($81.40) price target on shares of Kion Group and gave the stock a “neutral” rating in a report on Friday, July 6th. Deutsche Bank set a €83.00 ($96.51) price target on shares of Kion Group and gave the stock a “buy” rating in a report on Wednesday, July 4th. Finally, Jefferies Financial Group set a €72.00 ($83.72) price target on shares of Kion Group and gave the stock a “buy” rating in a report on Thursday, August 2nd. One analyst has rated the stock with a sell rating, six have issued a hold rating and twelve have assigned a buy rating to the company. Kion Group has an average rating of “Buy” and a consensus target price of €67.67 ($78.68).
Shares of FRA:KGX opened at €49.66 ($57.74) on Thursday. Kion Group has a 52 week low of €57.87 ($67.29) and a 52 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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