Kion Group (OTCMKTS:KIGRY – Get Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $10.66, but opened at $11.92. Kion Group shares last traded at $12.0013, with a volume of 2,769 shares traded.
Analysts Set New Price Targets
A number of research firms have commented on KIGRY. Zacks Research upgraded Kion Group from a “strong sell” rating to a “hold” rating in a research note on Friday, June 5th. Oddo Bhf upgraded Kion Group to an “outperform” rating in a report on Monday, May 4th. DZ Bank upgraded Kion Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 19th. Finally, Jefferies Financial Group upgraded Kion Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.
Read Our Latest Stock Analysis on KIGRY
Kion Group Stock Performance
About Kion Group
Kion Group AG is a Germany‐based manufacturer of industrial trucks and supply chain solutions, traded over the counter in the U.S. under the ticker KIGRY. The company designs, produces and services a broad range of material handling equipment, including counterbalance trucks, warehouse and very narrow aisle trucks, pallet trucks, reach trucks, and automated guided vehicles. Kion Group also offers software and digital products to optimize warehouse management and logistical operations for customers across manufacturing, retail, distribution and e-commerce industries.
The group’s key brands include Linde Material Handling, STILL and Dematic.
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