Morgan Stanley set a €70.00 ($82.35) price objective on Kion Group AG (FRA:KGX) in a research note released on Thursday, July 27th. The brokerage currently has a neutral rating on the stock.
Several other research analysts have also recently issued reports on the stock. DZ Bank AG reiterated a buy rating on shares of Kion Group AG in a report on Thursday, July 27th. HSBC Holdings plc set a €77.00 ($90.59) price objective on shares of Kion Group AG and gave the company a buy rating in a report on Thursday, July 27th. Kepler Capital Markets set a €68.00 ($80.00) price objective on shares of Kion Group AG and gave the company a buy rating in a report on Wednesday, July 26th. UBS AG set a €72.00 ($84.71) price objective on shares of Kion Group AG and gave the company a neutral rating in a report on Wednesday, July 26th. Finally, Baader Bank set a €68.00 ($80.00) price objective on shares of Kion Group AG and gave the company a buy rating in a report on Wednesday, July 26th. One analyst has rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the company. The stock has an average rating of Buy and an average price target of €71.67 ($84.31).
Shares of Kion Group AG (FRA KGX) traded up 1.684% during midday trading on Thursday, hitting €74.881. The stock had a trading volume of 1,050 shares. The company has a market cap of €8.83 billion and a P/E ratio of 27.319. The firm has a 50 day moving average of €69.33 and a 200-day moving average of €62.45. Kion Group AG has a one year low of €47.60 and a one year high of €74.88.
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