KION GROUP (ETR:KGX) Rating Change
HSBC has increased Kion Group (ETR:KGX) stock to Buy in a report revealed on 12 February, and has set an estimated 12-month PT at EUR 50.00. This target is 13.61 % from KGX’s last price.
ETR:KGX Price Chart & Trend
The stock price of KION GROUP has gained 6.06% over the last 200 days, and is in unstable up trend. In the last 50 and 100 days, KION GROUP is down 6.97% and up 13.82%, respectively. Our stocks momentum model is shown on the price chart below.
Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models
KION GROUP (ETR:KGX) Profile
Kion Group AG is a Germany-based supplier of industrial trucks and related services and holding company of the KION Group. The Company offers a range of products, including warehouse and counter-balance trucks with both internal combustion engines (IC-trucks) and electric motors (E-trucks). It operates through two global brands: Linde and STILL, as well as through four regional brands: Fenwick (France); OM-STILL (Italy); Baoli (mainly China), and Voltas (India).
KION GROUP (ETR:KGX) traded up 1.47% on 12 February, hitting EUR 44.12. A total of 245,922 shares of the company’s stock traded hands. This is up from average of 185,616 shares. KION GROUP has a 52 week low of EUR 32.51 and a 52 week high of EUR 48.9. The company has a market cap of 4.36B EUR and a P/E ratio of 21.55.
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The post KION GROUP (ETR:KGX) is Upped by HSBC to Buy Rating. EUR 50.00 is The Target Price per Share appeared first on Octafinance.