HSBC set a €60.00 ($69.77) price target on Kion Group (FRA:KGX) in a research note published on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
KGX has been the topic of several other reports. Baader Bank set a €56.00 ($65.12) price target on shares of Kion Group and gave the company a buy rating in a research note on Tuesday, August 13th. Hauck & Aufhaeuser set a €67.00 ($77.91) price target on shares of Kion Group and gave the company a buy rating in a research note on Thursday, July 25th. Deutsche Bank set a €48.00 ($55.81) price target on shares of Kion Group and gave the company a neutral rating in a research note on Friday, July 26th. Berenberg Bank set a €64.00 ($74.42) price objective on shares of Kion Group and gave the stock a buy rating in a research note on Friday, May 24th. Finally, Main First Bank set a €45.00 ($52.33) price objective on shares of Kion Group and gave the stock a neutral rating in a research note on Monday, August 12th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eleven have given a buy rating to the stock. The stock currently has an average rating of Buy and an average target price of €57.61 ($66.99).
The company has a fifty day moving average of €45.54 and a 200-day moving average of €51.42. Kion Group has a 1 year low of €57.87 ($67.29) and a 1 year high of €81.82 ($95.14).
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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