Kion Group (FRA:KGX) PT Set at €64.00 by Morgan Stanley

Kion Group (FRA:KGX) received a €64.00 ($76.19) price target from analysts at Morgan Stanley in a note issued to investors on Tuesday, November 14th. The firm presently has a “neutral” rating on the stock. Morgan Stanley’s target price would indicate a potential downside of 5.03% from the company’s previous close.

A number of other equities analysts also recently issued reports on the company. set a €72.00 ($85.71) target price on Kion Group and gave the stock a “neutral” rating in a research note on Monday, November 6th. Baader Bank set a €81.00 ($96.43) target price on Kion Group and gave the stock a “buy” rating in a research note on Wednesday, November 1st. Goldman Sachs Group set a €71.00 ($84.52) target price on Kion Group and gave the stock a “neutral” rating in a research note on Friday, October 27th. J P Morgan Chase & Co set a €80.50 ($95.83) price objective on Kion Group and gave the company a “buy” rating in a research note on Friday, October 27th. Finally, Kepler Capital Markets set a €74.00 ($88.10) price objective on Kion Group and gave the company a “neutral” rating in a research note on Tuesday, October 24th. Eight investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of €75.97 ($90.44).

Kion Group (FRA:KGX) traded down €0.99 ($1.18) during trading on Tuesday, reaching €67.39 ($80.23). The company’s stock had a trading volume of 256,649 shares. Kion Group has a 52 week low of €48.23 ($57.42) and a 52 week 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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