Kion Group (KGX) PT Set at €70.00 by Commerzbank

Commerzbank set a €70.00 ($83.33) target price on Kion Group (FRA:KGX) in a research report sent to investors on Thursday morning. The brokerage currently has a neutral rating on the stock.

A number of other research analysts have also recently commented on the stock. JPMorgan Chase & Co. set a €80.50 ($95.83) target price on shares of Kion Group and gave the stock a buy rating in a report on Friday, October 27th. Citigroup set a €93.00 ($110.71) target price on shares of Kion Group and gave the stock a buy rating in a report on Thursday, October 19th. Warburg Research set a €70.00 ($83.33) target price on shares of Kion Group and gave the stock a neutral rating in a report on Thursday, October 19th. set a €72.00 ($85.71) price objective on shares of Kion Group and gave the company a neutral rating in a report on Monday, November 6th. Finally, Baader Bank set a €89.00 ($105.95) price objective on shares of Kion Group and gave the company a buy rating in a report on Thursday, October 26th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and ten have assigned a buy rating to the company. The company presently has an average rating of Buy and an average target price of €75.28 ($89.62).

Kion Group (KGX) traded up €0.78 ($0.93) during mid-day trading on Thursday, hitting €76.92 ($91.57). 580 shares of the stock were exchanged. The company has a market capitalization of $9,060.00 and a PE ratio of 27.47. Kion Group has a 52-week low of €54.08 ($64.38) and a 52-week high of €81.82 ($97.40).

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About Kion Group

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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