UBS Analysts Give Kion Group (KGX) a €66.00 Price Target
UBS set a €66.00 ($78.57) target price on Kion Group (FRA:KGX) in a research report sent to investors on Tuesday, www.boersen-zeitung.de reports. The brokerage currently has a neutral rating on the stock.
A number of other analysts have also weighed in on KGX. Warburg Research set a €72.00 ($85.71) target price on shares of Kion Group and gave the stock a sell rating in a report on Wednesday, October 4th. set a €86.00 ($102.38) target price on shares of Kion Group and gave the stock a buy rating in a report on Friday, September 15th. DZ Bank reiterated a buy rating on shares of Kion Group in a report on Tuesday, September 26th. Baader Bank set a €81.00 ($96.43) target price on shares of Kion Group and gave the stock a buy rating in a report on Wednesday, November 1st. Finally, Citigroup reissued a buy rating on shares of Kion Group in a research note on Monday, December 4th. Seven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Kion Group presently has an average rating of Buy and a consensus price target of €76.78 ($91.41).
Shares of Kion Group (FRA KGX) opened at €70.40 ($83.81) on Tuesday. Kion Group has a 52-week low of €49.92 ($59.43) and a 52-week high of €81.82 ($97.40).
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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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