Baader Bank Reiterates “€68.00” Price Target for Kion Group AG (FRA:KGX)

Baader Bank set a €68.00 ($80.00) price target on Kion Group AG (FRA:KGX) in a research note published on Wednesday, July 26th. The brokerage currently has a buy rating on the stock.

A number of other brokerages have also issued reports on KGX. Commerzbank Ag set a €54.00 ($63.53) target price on shares of Kion Group AG and gave the company a sell rating in a research note on Wednesday, July 26th. Societe Generale set a €79.00 ($92.94) target price on shares of Kion Group AG and gave the company a buy rating in a research note on Wednesday, July 26th. Citigroup Inc. set a €76.00 ($89.41) target price on shares of Kion Group AG and gave the company a buy rating in a research note on Monday, July 3rd. HSBC Holdings plc set a €72.00 ($84.71) target price on shares of Kion Group AG and gave the company a buy rating in a research note on Friday, June 30th. Finally, Nord/LB set a €65.00 ($76.47) target price on shares of Kion Group AG and gave the company a neutral rating in a research note on Wednesday, June 28th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of €72.08 ($84.80).

Kion Group AG (KGX) opened at 72.215 on Wednesday. Kion Group AG has a one year low of €48.23 and a one year high of €75.60. The stock has a market cap of €8.52 billion and a price-to-earnings ratio of 26.346. The firm’s 50 day moving average price is €70.47 and its 200 day moving average price is €63.45.