Goldman Sachs Group set a €43.00 ($50.00) price target on Kion Group (FRA:KGX) in a research note released on Wednesday, Borsen Zeitung reports. The firm currently has a sell rating on the stock.
Several other equities analysts have also recently weighed in on KGX. Morgan Stanley set a $165.00 price target on Caterpillar and gave the company a buy rating in a research report on Wednesday, April 10th. Hauck & Aufhaeuser set a €67.00 ($77.91) target price on Kion Group and gave the stock a buy rating in a research report on Thursday, April 25th. Kepler Capital Markets set a €27.00 ($31.40) target price on Jungheinrich and gave the stock a neutral rating in a research report on Thursday, April 25th. Baader Bank set a €54.00 ($62.79) target price on Norma Group and gave the stock a buy rating in a research report on Thursday, April 25th. Finally, Deutsche Bank restated a buy rating and set a $24.00 target price on shares of ABB in a research report on Tuesday, May 21st. One analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus target price of €60.47 ($70.31).
Shares of FRA KGX opened at €51.62 ($60.02) on Wednesday. Kion Group has a fifty-two week low of €57.87 ($67.29) and a fifty-two week high of €81.82 ($95.14). The company has a fifty day moving average of €52.56.
About Kion Group
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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