Kion Group Ag (OTCMKTS:KIGRY) Receives Consensus Rating of "Hold" from Brokerages - MarketBeat

2022-09-03 09:36:00 By : Ms. Linda Yu

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Shares of Kion Group Ag (OTCMKTS:KIGRY - Get Rating) have been given an average rating of "Hold" by the nine ratings firms that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $69.50.

A number of research firms have commented on KIGRY. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Kion Group from €75.00 ($76.53) to €54.00 ($55.10) and set a "hold" rating on the stock in a research note on Wednesday, July 6th. Sanford C. Bernstein cut shares of Kion Group from a "market perform" rating to an "underperform" rating in a research report on Monday, July 11th. JPMorgan Chase & Co. upgraded shares of Kion Group from a "neutral" rating to an "overweight" rating in a research report on Thursday. Morgan Stanley reduced their price objective on shares of Kion Group from €63.00 ($64.29) to €58.00 ($59.18) in a research report on Wednesday, August 10th. Finally, UBS Group reduced their price objective on shares of Kion Group from €83.00 ($84.69) to €75.00 ($76.53) and set a "buy" rating on the stock in a research report on Friday, July 29th.Kion Group Price Performance

OTCMKTS KIGRY opened at $9.67 on Friday. Kion Group has a 12 month low of $9.51 and a 12 month high of $29.30. The stock has a market cap of $5.07 billion, a price-to-earnings ratio of 7.67 and a beta of 1.51. The company's 50 day moving average is $10.73 and its two-hundred day moving average is $13.92. The company has a current ratio of 0.92, a quick ratio of 0.60 and a debt-to-equity ratio of 0.04. Kion Group Company Profile (Get Rating)

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.Recommended StoriesGet a free copy of the StockNews.com research report on Kion Group (KIGRY)Could Nike Stock be Oversold, but Still Overvalued?Is Alcoa A Buy After Strong Q2 Results And More Share Buybacks?Will Royal Caribbean's Broadband Partnership Drive Revenue?Chip Gear Maker Entegris Has Potential, But Is It Buyable Now?DocuSign Has Important Issues to Address When it Reports Earnings

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