Deutsche Bank set a €48.00 ($55.81) price objective on Kion Group (FRA:KGX) in a research report report published on Friday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other equities analysts have also recently issued reports on the company. UBS Group cut to a neutral rating and dropped their target price for the stock from GBX 870 ($11.37) to GBX 650 ($8.49) in a report on Wednesday, June 19th. HSBC set a $122.00 target price on Tiffany & Co. and gave the stock a buy rating in a report on Friday, June 14th. JPMorgan Chase & Co. began coverage on Pinduoduo in a report on Tuesday, July 9th. They set an underweight rating and a $20.48 price target for the company. DZ Bank reaffirmed a buy rating on shares of Kion Group in a report on Monday, June 17th. Finally, Kepler Capital Markets set a €27.00 ($31.40) price target on Jungheinrich and gave the company a neutral rating in a report on Thursday, April 25th. One research analyst has rated the stock with a sell rating, five have given a hold rating and ten have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus price target of €60.47 ($70.31).
Shares of KGX opened at €51.62 ($60.02) on Friday. Kion Group has a 1 year low of €57.87 ($67.29) and a 1 year high of €81.82 ($95.14). The stock has a 50 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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