Deutsche Bank set a €60.00 ($69.77) price target on Kion Group (FRA:KGX) in a research note released on Monday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Other analysts have also recently issued reports about the company. Goldman Sachs Group set a €50.00 ($58.14) price target on Kion Group and gave the company a sell rating in a research note on Monday. Hauck & Aufhaeuser set a €64.00 ($74.42) price target on Kion Group and gave the company a buy rating in a research note on Monday, October 28th. DZ Bank reaffirmed a buy rating on shares of Kion Group in a research note on Thursday, October 24th. Bank of America set a €69.00 ($80.23) price target on Kion Group and gave the company a buy rating in a research note on Thursday, October 10th. Finally, UBS Group set a €70.00 ($81.40) price target on Kion Group and gave the company a buy rating in a research note on Thursday, January 16th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average price target of €60.56 ($70.42).
Shares of KGX stock opened at €58.66 ($68.21) on Monday. The stock has a 50-day moving average of €61.99 and a 200-day moving average of €53.87. Kion Group has a one year low of €57.87 ($67.29) and a one year high of €81.82 ($95.14).
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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