Kion Group Ag (OTCMKTS:KIGRY) Receives Consensus Rating of “Hold” from Analysts

Shares of Kion Group Ag (OTCMKTS:KIGRYGet Rating) have received an average recommendation of “Hold” from the twelve ratings firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $39.67.

A number of research firms have weighed in on KIGRY. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Kion Group from €54.00 ($55.67) to €32.00 ($32.99) and set a “hold” rating on the stock in a report on Tuesday, September 20th. The Goldman Sachs Group upgraded shares of Kion Group from a “sell” rating to a “neutral” rating in a research report on Friday, September 16th. JPMorgan Chase & Co. boosted their target price on shares of Kion Group from €42.00 ($43.30) to €43.70 ($45.05) in a research report on Tuesday, November 1st. Oddo Bhf downgraded shares of Kion Group from an “outperform” rating to a “neutral” rating in a report on Wednesday, September 14th. Finally, Morgan Stanley reduced their price target on shares of Kion Group from €58.00 ($59.79) to €31.00 ($31.96) and set an “overweight” rating for the company in a research report on Thursday, November 10th.

Kion Group Trading Down 3.0 %

KIGRY stock opened at $7.22 on Wednesday. The company has a 50 day simple moving average of $5.79 and a 200 day simple moving average of $9.27. Kion Group has a 1 year low of $4.50 and a 1 year high of $29.30.

About Kion Group

(Get Rating)

KION GROUP AG engages in the sale and distribution of industrial trucks and the provision of supply chain solutions. The firm’s portfolio includes forklift trucks, warehouse tracks, as well as integrated automation technology and software solutions for the optimization of supply chains. It also offers warehouse automation services.

Further Reading

Analyst Recommendations for Kion Group (OTCMKTS:KIGRY)

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