Sanford C. Bernstein Reiterates “€29.00” Price Target for Kion Group (FRA:KGX) - Defense World

2022-08-05 07:08:20 By : Ms. Rita Lee

Posted by admin on Aug 5th, 2022

Kion Group (FRA:KGX – Get Rating) received a €29.00 ($29.90) price objective from equities research analysts at Sanford C. Bernstein in a note issued to investors on Wednesday, Borsen Zeitung reports. Sanford C. Bernstein’s price target indicates a potential downside of 36.58% from the company’s current price.

Several other analysts have also recently issued reports on the stock. Hauck Aufhäuser In… set a €77.00 ($79.38) price objective on shares of Kion Group in a research note on Friday, July 29th. Warburg Research set a €66.00 ($68.04) price objective on shares of Kion Group in a research note on Tuesday, June 28th. Deutsche Bank Aktiengesellschaft set a €54.00 ($55.67) price objective on shares of Kion Group in a research note on Wednesday, July 6th. Berenberg Bank set a €68.00 ($70.10) price objective on shares of Kion Group in a research note on Tuesday. Finally, Morgan Stanley set a €63.00 ($64.95) price objective on shares of Kion Group in a research note on Monday, June 27th.

KGX stock opened at €45.73 ($47.14) on Wednesday. The firm has a 50-day simple moving average of €42.57 and a 200-day simple moving average of €57.80. Kion Group has a 52 week low of €57.87 ($59.66) and a 52 week 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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Posted by admin on Aug 5th, 2022

Kion Group (FRA:KGX – Get Rating) has been assigned a €29.00 ($29.90) price objective by equities researchers at Sanford C. Bernstein in a research report issued on Wednesday, Borsen Zeitung reports. Sanford C. Bernstein’s target price suggests a potential downside of 36.58% from the company’s current price.

Other research analysts have also recently issued research reports about the stock. Baader Bank set a €65.00 ($67.01) price objective on shares of Kion Group in a report on Thursday, June 30th. JPMorgan Chase & Co. set a €66.00 ($68.04) target price on shares of Kion Group in a research note on Friday, July 29th. Hauck and Aufhaeuser set a €89.00 ($91.75) target price on shares of Kion Group in a research note on Friday, April 29th. Berenberg Bank set a €68.00 ($70.10) target price on shares of Kion Group in a research note on Tuesday. Finally, Deutsche Bank Aktiengesellschaft set a €54.00 ($55.67) target price on shares of Kion Group in a research note on Wednesday, July 6th.

KGX opened at €45.73 ($47.14) on Wednesday. Kion Group has a fifty-two week low of €57.87 ($59.66) and a fifty-two week high of €81.82 ($84.35). The company has a fifty day moving average of €42.57 and a two-hundred day moving average of €57.80.

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.

Receive News & Ratings for Kion Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kion Group and related companies with MarketBeat.com's FREE daily email newsletter.

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