Kion Group (OTCMKTS:KIGRY) Upgraded by DZ Bank to Strong-Buy Rating

Kion Group (OTCMKTS:KIGRYGet Free Report) was upgraded by investment analysts at DZ Bank from a “hold” rating to a “strong-buy” rating in a report released on Tuesday,Zacks.com reports.

A number of other equities research analysts have also weighed in on KIGRY. Zacks Research lowered Kion Group from a “hold” rating to a “strong sell” rating in a report on Friday, March 6th. Jefferies Financial Group raised Kion Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. Finally, Oddo Bhf raised Kion Group to an “outperform” rating in a report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

View Our Latest Stock Report on KIGRY

Kion Group Stock Performance

Shares of KIGRY stock opened at $12.91 on Tuesday. The stock has a market capitalization of $6.77 billion, a PE ratio of 16.14 and a beta of 2.07. Kion Group has a 52-week low of $11.46 and a 52-week high of $20.54. The stock’s 50-day moving average price is $13.13 and its 200 day moving average price is $16.58. The company has a quick ratio of 0.68, a current ratio of 0.99 and a debt-to-equity ratio of 0.15.

Kion Group (OTCMKTS:KIGRYGet Free Report) last issued its quarterly earnings results on Thursday, February 26th. The company reported $0.15 earnings per share (EPS) for the quarter. Kion Group had a return on equity of 6.19% and a net margin of 3.26%.The firm had revenue of $3.61 billion for the quarter, compared to analysts’ expectations of $3.48 billion. As a group, equities research analysts forecast that Kion Group will post 0.98 EPS for the current year.

About Kion Group

(Get Free Report)

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.

Read More

Analyst Recommendations for Kion Group (OTCMKTS:KIGRY)

Receive News & Ratings for Kion Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kion Group and related companies with MarketBeat.com's FREE daily email newsletter.