Nord/LB Analysts Give Kion Group (FRA:KGX) a €58.00 Price Target
A number of other research firms have also recently weighed in on KGX. Warburg Research set a €72.00 ($88.89) price objective on Kion Group and gave the stock a sell rating in a research report on Wednesday, October 4th. set a €86.00 ($106.17) price target on Kion Group and gave the stock a buy rating in a research report on Friday, September 15th. DZ Bank reaffirmed a buy rating on shares of Kion Group in a research report on Tuesday, September 26th. Baader Bank set a €81.00 ($100.00) price target on Kion Group and gave the stock a buy rating in a research report on Wednesday, November 1st. Finally, JPMorgan Chase & Co. reaffirmed a buy rating on shares of Kion Group in a research report on Monday, October 9th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have given a buy rating to the company’s stock. Kion Group currently has an average rating of Buy and a consensus target price of €75.28 ($92.94).
Shares of Kion Group (KGX) traded up €1.52 ($1.88) during trading hours on Wednesday, hitting €75.96 ($93.78). The stock had a trading volume of 205 shares. Kion Group has a twelve month low of €54.08 ($66.77) and a twelve month high of €81.82 ($101.01). The stock has a market cap of $8,990.00 and a P/E ratio of 27.13.
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KION GROUP AG provides supply chain solutions worldwide. It operates through three segments: Industrial Trucks and Services, Supply Chain Solutions, and Corporate Services. The company provides diesel and LPG gas forklift trucks, electric forklift trucks, warehouse handling equipment, platform trucks and tractors, and used trucks; Ad hoc services and spare parts; RFID, racking, automation, transport control, and stock management systems, as well as IT and logistics, and fleet data management solutions; and financing and leasing services, as well as truck rental services.
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