UBS Group Reiterates “€81.00” Price Target for KION GROUP AG (KGX.F) (FRA:KGX)
UBS Group set a €81.00 ($95.29) price objective on KION GROUP AG (KGX.F) (FRA:KGX) in a research note published on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
KGX has been the subject of a number of other reports. JPMorgan Chase & Co. set a €57.00 ($67.06) price objective on KION GROUP AG (KGX.F) and gave the stock a neutral rating in a report on Wednesday, November 4th. Baader Bank set a €72.00 ($84.71) price target on KION GROUP AG (KGX.F) and gave the stock a buy rating in a research note on Wednesday, November 4th. Berenberg Bank set a €86.00 ($101.18) price objective on KION GROUP AG (KGX.F) and gave the stock a buy rating in a report on Friday, October 16th. Deutsche Bank Aktiengesellschaft set a €78.00 ($91.76) target price on KION GROUP AG (KGX.F) and gave the stock a neutral rating in a report on Wednesday, October 21st. Finally, The Goldman Sachs Group set a €56.00 ($65.88) target price on shares of KION GROUP AG (KGX.F) and gave the stock a sell rating in a research report on Thursday, November 12th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of Hold and a consensus price target of €69.82 ($82.14).
Shares of KGX stock opened at €68.12 ($80.14) on Thursday. KION GROUP AG has a one year low of €57.87 ($68.08) and a one year high of €81.82 ($96.26). The company has a 50 day moving average price of €73.51 and a 200 day moving average price of €64.36.
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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