Kion Group (FRA:KGX) has been given a €67.00 ($77.91) target price by investment analysts at Hauck & Aufhaeuser in a research report issued on Friday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Hauck & Aufhaeuser’s price objective suggests a potential upside of 28.11% from the stock’s previous close.
A number of other research analysts have also recently issued reports on KGX. Jefferies Financial Group lifted their price objective on shares of Monster Beverage from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Friday, May 3rd. Goldman Sachs Group cut shares of EXPERIAN PLC/ADR from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 10th. DZ Bank reissued a “buy” rating on shares of Kion Group in a research note on Monday, June 17th. HSBC set a $122.00 price objective on shares of Tiffany & Co. and gave the company a “buy” rating in a research note on Friday, June 14th. Finally, Baader Bank set a €68.00 ($79.07) price objective on shares of Kion Group and gave the company a “buy” rating in a research note on Monday, July 15th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of €60.47 ($70.31).
Shares of FRA:KGX opened at €52.30 ($60.81) on Friday. The company has a 50 day moving average price of €52.65. Kion Group has a 1 year low of €57.87 ($67.29) and a 1 year high of €81.82 ($95.14).
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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