Kion Group AG (FRA:KGX) Receives €57.13 Consensus Price Target from Brokerages

Kion Group AG (FRA:KGX) has been assigned a consensus recommendation of “Hold” from the seventeen brokerages that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is €57.38 ($66.72).

A number of research analysts recently weighed in on KGX shares. JPMorgan Chase & Co. set a €56.00 ($65.12) price target on shares of Kion Group and gave the company a “neutral” rating in a research report on Thursday, October 24th. Commerzbank set a €60.00 ($69.77) price objective on shares of Kion Group and gave the company a “buy” rating in a research note on Friday, October 11th. Hauck & Aufhaeuser set a €64.00 ($74.42) target price on shares of Kion Group and gave the stock a “buy” rating in a research report on Monday, October 28th. Warburg Research set a €61.00 ($70.93) target price on shares of Kion Group and gave the stock a “buy” rating in a research report on Thursday, October 24th. Finally, HSBC set a €63.00 ($73.26) target price on Kion Group and gave the stock a “neutral” rating in a research note on Friday, October 25th.

Shares of KGX stock traded up €2.68 ($3.12) on Tuesday, hitting €62.40 ($72.56). The stock had a trading volume of 344,175 shares. The business has a 50 day moving average of €58.68 and a 200 day moving average of €51.61. Kion Group has a 12-month low of €57.87 ($67.29) and a 12-month 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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