Analysts Set Kion Group AG (KGX) Target Price at $70.00

Kion Group AG (FRA:KGX) has been assigned an average rating of “Buy” from the six analysts that are covering the stock, MarketBeat reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is €70.00 ($78.65).

A number of analysts recently commented on KGX shares. Morgan Stanley set a €64.00 ($71.91) target price on shares of Kion Group AG and gave the stock a “neutral” rating in a report on Tuesday, May 23rd. DZ Bank AG restated a “buy” rating on shares of Kion Group AG in a report on Tuesday, May 23rd. HSBC Holdings plc set a €72.00 ($80.90) price target on shares of Kion Group AG and gave the company a “buy” rating in a report on Thursday, May 25th. BNP Paribas set a €76.00 ($85.39) price target on shares of Kion Group AG and gave the company a “buy” rating in a report on Friday, May 26th. Finally, Baader Bank set a €68.00 ($76.40) price target on shares of Kion Group AG and gave the company a “buy” rating in a report on Tuesday, May 23rd.

Shares of Kion Group AG (FRA KGX) traded down 0.003% during mid-day trading on Wednesday, reaching €67.598. 95 shares of the company were exchanged. The firm has a market capitalization of €7.34 billion and a PE ratio of 27.991. Kion Group AG has a 12 month low of €41.39 and a 12 month high of €68.84. The company’s 50 day moving average price is €65.25 and its 200 day moving average price is €58.39.

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Kion Group AG Company Profile

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