Several other research firms have also commented on KGX. UBS Group set a €70.00 ($81.40) price target on Kion Group and gave the stock a neutral rating in a research report on Friday, July 6th. Baader Bank set a €83.00 ($96.51) price target on Kion Group and gave the company a buy rating in a research note on Tuesday, July 17th. Deutsche Bank set a €83.00 ($96.51) price target on Kion Group and gave the stock a buy rating in a report on Wednesday, July 4th. DZ Bank reaffirmed a buy rating on shares of Kion Group in a report on Tuesday, June 26th. Finally, Berenberg Bank set a €74.00 ($86.05) price target on shares of Kion Group and gave the company a buy rating in a research report on Tuesday, July 24th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have given a buy rating to the stock. The company has an average rating of Buy and a consensus price target of €66.71 ($77.56).
Shares of Kion Group stock traded down €1.26 ($1.47) during mid-day trading on Monday, reaching €50.52 ($58.74). 339,353 shares of the stock traded hands. Kion Group has a fifty-two week low of €57.87 ($67.29) and a fifty-two week high of €81.82 ($95.14).
About Kion Group
KION GROUP AG provides supply chain solutions 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 IC 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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