UBS Group Cuts Kardex (OTCMKTS:KRDXF) Price Target to CHF 254

Kardex (OTCMKTS:KRDXFGet Rating) had its price target lowered by equities researchers at UBS Group from CHF 280 to CHF 254 in a note issued to investors on Tuesday, The Fly reports.

Shares of KRDXF stock opened at $229.99 on Tuesday. The firm’s 50-day moving average is $243.88 and its 200-day moving average is $285.43. Kardex has a 52-week low of $198.00 and a 52-week high of $337.50.

Kardex Company Profile (Get Rating)

Kardex Holding AG provides intralogistics solutions; and supplies automated storage solutions and materials handling systems worldwide. The company operates in two segments, Kardex Remstar and Kardex Mlog. The Kardex Remstar segment develops, produces, and maintains dynamic storage and retrieval systems.

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