Kion Group (OTCMKTS:KIGRY) Given New €92.00 Price Target at UBS Group

Kion Group (OTCMKTS:KIGRYGet Rating) had its price objective lowered by UBS Group from €102.00 ($110.87) to €92.00 ($100.00) in a research report issued to clients and investors on Tuesday, The Fly reports. The firm currently has a “buy” rating on the stock.

Several other research analysts also recently commented on the company. Kepler Capital Markets downgraded Kion Group from a “buy” rating to a “hold” rating in a report on Tuesday, March 29th. Deutsche Bank Aktiengesellschaft cut their price objective on Kion Group from €80.00 ($86.96) to €75.00 ($81.52) in a research note on Tuesday, April 5th. Societe Generale lowered shares of Kion Group from a “buy” rating to a “hold” rating in a report on Wednesday, March 30th. HSBC raised shares of Kion Group from a “hold” rating to a “buy” rating in a research note on Friday, January 28th. Finally, Zacks Investment Research downgraded shares of Kion Group from a “hold” rating to a “sell” rating in a research note on Thursday, March 17th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $70.25.

Shares of OTCMKTS:KIGRY traded down $0.45 during midday trading on Tuesday, hitting $14.57. 97,248 shares of the stock were exchanged, compared to its average volume of 60,082. The business’s 50-day moving average price is $19.85 and its 200 day moving average price is $23.98. Kion Group has a 12 month low of $14.56 and a 12 month high of $29.30. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.60 and a current ratio of 0.92. The stock has a market capitalization of $7.65 billion, a price-to-earnings ratio of 11.56 and a beta of 1.50.

About Kion Group (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.

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