Kion Group (FRA:KGX) received a €94.00 ($110.59) price target from equities research analysts at UBS Group in a research note issued on Tuesday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. UBS Group’s price objective would indicate a potential upside of 15.31% from the company’s current price.
Other equities analysts have also recently issued research reports about the stock. Morgan Stanley set a €68.00 ($80.00) price target on shares of Kion Group and gave the company a “neutral” rating in a research report on Friday, January 15th. Baader Bank set a €90.00 ($105.88) price target on shares of Kion Group and gave the company a “buy” rating in a research report on Tuesday, April 6th. The Goldman Sachs Group set a €67.00 ($78.82) price target on shares of Kion Group and gave the company a “sell” rating in a research report on Monday, March 15th. Warburg Research set a €90.00 ($105.88) price objective on shares of Kion Group and gave the company a “buy” rating in a research note on Thursday, March 25th. Finally, Kepler Capital Markets set a €90.00 ($105.88) price objective on shares of Kion Group and gave the company a “buy” rating in a research note on Thursday, March 25th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of €77.46 ($91.13).
Shares of FRA KGX opened at €81.52 ($95.91) on Tuesday. Kion Group has a fifty-two week low of €57.87 ($68.08) and a fifty-two week high of €81.82 ($96.26). The firm’s 50-day simple moving average is €78.69 and its 200 day simple moving average is €74.21.
KION GROUP AG provides industrial trucks, warehouse technology, supply chain solutions, and related services worldwide. The company operates through Industrial Trucks and Services, Supply Chain Solutions, and Corporate Services 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, and towing vehicles under the Linde, Fenwick, STILL, Baoli, and OM Voltas brand names.
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