Kion Group (KGX) Given a €75.00 Price Target by Morgan Stanley Analysts

Morgan Stanley set a €75.00 ($89.29) price objective on Kion Group (FRA:KGX) in a research note published on Wednesday. The firm currently has a buy rating on the stock.

Several other equities research analysts also recently issued reports on KGX. UBS set a €60.00 ($71.43) price objective on shares of Kion Group and gave the stock a sell rating in a research note on Monday, October 23rd. J P Morgan Chase & Co set a €89.00 ($105.95) price target on shares of Kion Group and gave the company a buy rating in a report on Monday, September 11th. Baader Bank set a €81.00 ($96.43) price target on shares of Kion Group and gave the company a buy rating in a report on Wednesday, November 1st. set a €72.00 ($85.71) target price on shares of Kion Group and gave the stock a neutral rating in a report on Friday, October 20th. Finally, Berenberg Bank set a €90.00 ($107.14) price target on shares of Kion Group and gave the stock a buy rating in a research report on Tuesday, October 17th. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Kion Group has an average rating of Buy and a consensus price target of €76.78 ($91.41).

Shares of Kion Group (FRA KGX) traded down €1.08 ($1.29) during trading on Wednesday, hitting €69.32 ($82.52). 390,631 shares of the stock traded hands. Kion Group has a twelve month low of €49.92 ($59.43) and a twelve month high of €81.82 ($97.40).

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Kion Group Company Profile

KION GROUP AG provides supply chain solutions worldwide. It operates through three segments: Industrial Trucks and Services, Supply Chain Solutions, and Corporate Services. The company provides diesel and LPG gas forklift trucks, electric forklift trucks, warehouse handling equipment, platform trucks and tractors, and used trucks; Ad hoc services and spare parts; RFID, racking, automation, transport control, and stock management systems, as well as IT and logistics, and fleet data management solutions; and financing and leasing services, as well as truck rental services.

Analyst Recommendations for Kion Group (FRA:KGX)

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