ValuEngine cut shares of KION GRP AG/ADR (OTCMKTS:KIGRY) from a hold rating to a sell rating in a research note released on Tuesday morning, ValuEngine reports.

A number of other brokerages have also recently issued reports on KIGRY. Zacks Investment Research raised SCHNEIDER ELEC /ADR from a hold rating to a buy rating and set a $20.00 price objective on the stock in a research note on Friday, July 5th. Jefferies Financial Group raised their price objective on Monster Beverage from $65.00 to $70.00 and gave the company a buy rating in a research note on Friday, May 3rd. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of $14.00.

KIGRY opened at $14.36 on Tuesday. The company has a market capitalization of $6.10 billion, a PE ratio of 12.51, a PEG ratio of 1.84 and a beta of 1.32. KION GRP AG/ADR has a 52 week low of $11.45 and a 52 week high of $19.10. The company has a fifty day moving average price of $14.80.

About KION GRP AG/ADR

KION GROUP AG provides industrial trucks, warehouse technology, supply chain solutions, and related services worldwide. The company operates through Industrial Trucks and Services, and Supply Chain Solutions segments. It develops, manufactures, and sells forklifts and warehouse trucks, such as counterbalance trucks with electric drive and internal combustion engine, ride-on and hand-operated industrial trucks, towing vehicles, and automated trucks and autonomous trucks under the Linde, Fenwick, STILL, OM STILL, Baoli, and OM Voltas brands.

Further Reading: What is meant by a buy rating?

To view ValuEngine’s full report, visit ValuEngine’s official website.

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