Posted by admin on Aug 2nd, 2022

The Goldman Sachs Group set a €40.00 ($41.24) price objective on Kion Group (FRA:KGX – Get Rating) in a research note released on Monday, Borsen Zeitung reports.

Several other equities analysts have also issued reports on the company. Morgan Stanley set a €63.00 ($64.95) price target on Kion Group in a research report on Monday, June 27th. Berenberg Bank set a €88.00 ($90.72) price target on Kion Group in a research report on Wednesday, July 13th. UBS Group set a €75.00 ($77.32) price objective on Kion Group in a report on Friday. Warburg Research set a €66.00 ($68.04) price objective on Kion Group in a report on Tuesday, June 28th. Finally, JPMorgan Chase & Co. set a €66.00 ($68.04) price objective on Kion Group in a report on Friday.

KGX opened at €44.61 ($45.99) on Monday. The stock’s 50 day simple moving average is €42.60 and its 200 day simple moving average is €58.34. Kion Group has a 1 year low of €57.87 ($59.66) and a 1 year high of €81.82 ($84.35).

KION GROUP AG provides industrial trucks, warehouse technology, supply chain solutions, and related services worldwide. The company operates through Industrial Trucks & Services, and Supply Chain Solutions segments. It develops, manufactures, and sells forklift and warehouse trucks, such as counterbalance trucks with electric drive and internal combustion engine, ride-on and hand-operated industrial trucks, and towing vehicles under the Linde, Fenwick, STILL, Baoli, and OM brand names.

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