Kion Group (FRA:KGX) has been assigned a €113.00 ($132.94) target price by investment analysts at UBS Group in a report issued on Wednesday, Borsen Zeitung reports. UBS Group’s price target would indicate a potential upside of 30.03% from the stock’s current price.
KGX has been the topic of a number of other reports. Baader Bank set a €103.00 ($121.18) target price on shares of Kion Group in a research note on Tuesday, July 27th. Warburg Research set a €96.00 ($112.94) price target on shares of Kion Group in a research report on Tuesday, July 27th. The Goldman Sachs Group set a €73.00 ($85.88) price target on shares of Kion Group in a research report on Monday, August 9th. Deutsche Bank Aktiengesellschaft set a €95.00 ($111.76) price target on shares of Kion Group in a research report on Friday, August 6th. Finally, Hauck and Aufhaeuser set a €99.00 ($116.47) target price on Kion Group in a research report on Monday, August 2nd. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of €88.55 ($104.17).
KGX opened at €86.90 ($102.24) on Wednesday. The company’s 50 day simple moving average is €89.78 and its two-hundred day simple moving average is €85.87. Kion Group has a 1-year low of €57.87 ($68.08) and a 1-year high of €81.82 ($96.26).
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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