Kion Group (KGX) Given a €42.00 Price Target at Goldman Sachs Group
Goldman Sachs Group set a €42.00 ($48.84) target price on Kion Group (FRA:KGX) in a report released on Friday morning, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
Other analysts have also issued research reports about the company. UBS Group reaffirmed a buy rating on shares of Kion Group in a research note on Monday, December 17th. Hauck & Aufhaeuser set a €70.00 ($81.40) price target on Kion Group and gave the stock a buy rating in a research note on Thursday, February 28th. Baader Bank set a €68.00 ($79.07) price target on Kion Group and gave the stock a buy rating in a research note on Wednesday, March 6th. Berenberg Bank set a €64.00 ($74.42) price target on Kion Group and gave the stock a buy rating in a research note on Friday, February 15th. Finally, JPMorgan Chase & Co. set a €53.00 ($61.63) price target on Kion Group and gave the stock a neutral rating in a research note on Friday, March 22nd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and eleven have assigned a buy rating to the company. The company currently has a consensus rating of Buy and an average target price of €61.50 ($71.51).
FRA:KGX opened at €59.86 ($69.60) on Friday. Kion Group has a fifty-two week low of €57.87 ($67.29) and a fifty-two week 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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