DZ Bank Reaffirms “Buy” Rating for Kion Group (FRA:KGX)

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Kion Group (FRA:KGX)‘s stock had its “buy” rating reiterated by research analysts at DZ Bank in a report released on Monday, Borsen Zeitung reports.

Other analysts also recently issued reports about the stock. Kepler Capital Markets set a €62.00 ($72.09) target price on shares of Kion Group and gave the stock a “buy” rating in a report on Thursday, April 25th. UBS Group set a €63.00 ($73.26) price objective on shares of Kion Group and gave the company a “buy” rating in a research note on Thursday, April 25th. Jefferies Financial Group set a €63.00 ($73.26) target price on shares of Kion Group and gave the stock a “neutral” rating in a research report on Friday, May 3rd. HSBC set a €70.00 ($81.40) target price on shares of Kion Group and gave the stock a “buy” rating in a research report on Friday, April 26th. Finally, Deutsche Bank set a €52.00 ($60.47) price objective on shares of Kion Group and gave the stock a “neutral” rating in a report on Friday, April 26th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of €60.67 ($70.54).

Kion Group stock traded down €0.40 ($0.47) during midday trading on Monday, reaching €52.08 ($60.56). 112,727 shares of the stock traded hands. The stock has a fifty day moving average price of €54.24. 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 Company Profile

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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Analyst Recommendations for Kion Group (FRA:KGX)

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