Kion Group (KGX) PT Set at €50.00 by Deutsche Bank

Kion Group (FRA:KGX) has been given a €50.00 ($58.14) price objective by equities research analysts at Deutsche Bank in a research report issued to clients and investors on Friday. The firm currently has a “neutral” rating on the stock. Deutsche Bank’s target price would suggest a potential downside of 3.21% from the company’s previous close.

Other equities analysts have also issued reports about the company. Hauck & Aufhaeuser set a €76.00 ($88.37) price objective on Kion Group and gave the company a “buy” rating in a research report on Tuesday, September 4th. Jefferies Financial Group set a €72.00 ($83.72) price objective on Kion Group and gave the company a “buy” rating in a research report on Thursday, August 2nd. Baader Bank set a €72.00 ($83.72) price objective on Kion Group and gave the company a “buy” rating in a research report on Tuesday, August 14th. Societe Generale set a €90.00 ($104.65) price objective on Kion Group and gave the company a “buy” rating in a research report on Thursday, July 26th. Finally, Commerzbank set a €63.00 ($73.26) price objective on Kion Group and gave the company a “buy” rating in a research report on Friday, October 26th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of €66.24 ($77.02).

Shares of KGX opened at €51.66 ($60.07) on Friday. Kion Group has a 52-week low of €57.87 ($67.29) and a 52-week high of €81.82 ($95.14).

Kion Group Company Profile

KION GROUP AG provides supply chain solutions 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 IC 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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