Kion Group (FRA:KGX) PT Set at €60.00 by Hauck & Aufhaeuser

Kion Group (FRA:KGX) has been assigned a €60.00 ($69.77) target price by research analysts at Hauck & Aufhaeuser in a research report issued on Monday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Hauck & Aufhaeuser’s price target suggests a potential upside of 16.05% from the company’s current price.

Several other research firms have also commented on KGX. Warburg Research set a €61.00 ($70.93) price target on Kion Group and gave the stock a “buy” rating in a research report on Monday, July 29th. Bank of America set a €69.00 ($80.23) price target on Kion Group and gave the stock a “buy” rating in a research report on Thursday, October 10th. Berenberg Bank set a €58.00 ($67.44) price target on Kion Group and gave the stock a “buy” rating in a research report on Wednesday, September 25th. Goldman Sachs Group set a €44.00 ($51.16) price target on Kion Group and gave the stock a “sell” rating in a research report on Tuesday, September 24th. Finally, Pareto Securities set a €47.00 ($54.65) price target on Kion Group and gave the stock a “neutral” rating in a research report on Thursday, July 25th. One analyst has rated the stock with a sell rating, six have given a hold rating and eleven have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of €56.82 ($66.07).

KGX opened at €51.70 ($60.12) on Monday. Kion Group has a 12 month low of €57.87 ($67.29) and a 12 month high of €81.82 ($95.14). The stock has a 50-day moving average of €47.59 and a 200 day moving average of €50.98.

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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