KION Group AG / Analyst ratings

Price targets

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Analyst ratings

10 analysts rated this company in the past 90 days. The average target price is €59.80, this is a change of +9.4% compared to the current price.

September 23, 2025
Berenberg maintains Kion's 'Hold' rating - target 54 euros

HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained its "Hold" rating for Kion with a price target of €54. According to its CFO, comparatively higher demand for counterbalanced forklifts in the industry is beneficial to the Frankfurt-based company's profitability, Lasse Stueben wrote after the second day of the Berenberg conference on Tuesday./ag/mne

Publication of the original study: September 23, 2025 / 11:22 a.m. / GMT

First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 8, 2025
Jefferies raises target for Kion to 62 euros - 'Hold'

NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has raised its price target for Kion from €57 to €62 and maintained its "Hold" rating. Expectations for a cyclical recovery in the warehouse automation sector have risen, which, according to expert Lucas Ferhani, is increasing the pressure on the industry. As he wrote in a study published Tuesday, he sees greater value potential in Jungheinrich compared to Kion, as Kion already prices in a recovery and German government spending./tih/gl

Publication of the original study: September 8, 2025 / 11:35 a.m. / ET First distribution of the original study: September 8, 2025 / 7:00 p.m. / ET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 11, 2025
Berenberg maintains Kion's 'Hold' rating - target 54 euros

HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained its "Hold" rating for Kion with a price target of €54. Order intake in the supply chain solutions (SCS) segment easily exceeded expectations in the second quarter, Lasse Stueben wrote in a study released Tuesday. Orders from online retail have provided the logistics technology provider with a record quarter./rob/bek/ck

Publication of the original study: August 11, 2025 / 5:09 PM / GMT

First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 1, 2025
Bernstein raises target for Kion to 61 euros - 'Outperform'

NEW YORK (dpa-AFX Analyst) - US analyst Bernstein Research has raised its price target for Kion from €54 to €61 and maintained its rating at "Outperform." Order intake for the SCS division performed very well in the second quarter, Philippe Lorrain wrote in a study released Friday. He raised his 2025 earnings (EPS) forecast for the forklift manufacturer./rob/edh/mis

Publication of the original study: August 1, 2025 / 5:23 a.m. / UTC

First distribution of the original study: August 1, 2025 / 5:23 a.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 31, 2025
Deutsche Bank Research raises target for Kion to 60 euros - 'Buy'

FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research raised its price target for Kion from €54 to €60 and maintained its "Buy" rating. Gael de-Bray raised his 2025 earnings estimates, primarily due to the forklift manufacturer and warehouse specialist's revised tax rate target. The price target is rising along with growing confidence in the warehouse automation cycle, the expert wrote on Thursday./ajx/la

Publication of the original study: July 31, 2025 / Time not specified in the study / CET. First distribution of the original study: July 31, 2025 / 8:02 a.m. / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 31, 2025
Hauck Aufhäuser IB raises target for Kion to 65 euros - 'Buy'

HAMBURG (dpa-AFX Analyst) - Hauck Aufhäuser Investment Banking raised its price target for Kion from €63 to €65 following its quarterly results and maintained its "Buy" rating. The forklift manufacturer's figures were driven by strong order intake, which even exceeded already high expectations, wrote Jorge Gonzalez Sadornil in a study released Thursday. The expert raised its revenue and earnings forecasts for 2026 and 2027./rob/edh/tih

Publication of the original study: July 31, 2025 / 8:17 a.m. / Time zone not specified in the study

First distribution of the original study: July 31, 2025 / 8:18 a.m. / Time zone not specified in the study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 31, 2025
Baader Bank raises target for Kion to 62 euros - 'Buy'

MUNICH (dpa-AFX Analyst) - Baader Bank raised its price target for Kion from €48 to €62 following the company's earnings release and maintained its "Buy" rating. In a study released Thursday, Peter Rothenaicher highlighted a recovery in demand in the warehouse automation sector. Despite the continuing challenging economic environment and ongoing tariff uncertainty, the second quarter was solid. At least the midpoint of the profit margin targeted for 2025 seems realistic to him. His valuation of the stock is now based on the years 2026 and 2027./rob/tih/jha/

Publication of the original study: July 31, 2025 / 11:36 a.m. / CEST

First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 30, 2025
Baader Bank maintains Kion's 'Buy' rating - target EUR 48

MUNICH (dpa-AFX Analyst) - Baader Bank has maintained its "Buy" rating for Kion following the company's earnings release, with a price target of €48. In a study published Wednesday, Peter Rothenaicher highlighted the outstanding development of incoming orders in the Supply Chain Solutions (SCS) segment. Despite declining sales, the warehouse equipment supplier is on track to achieve this year's targets./rob/tih/ajx

Publication of the original study: July 30, 2025 / 8:19 a.m. / CEST

First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 30, 2025
UBS raises target for Kion to 58 euros - 'Buy'

ZURICH (dpa-AFX Analyst) - Swiss bank UBS raised its price target for Kion from €51 to €58 following earnings results and maintained its "Buy" rating. Analyst Sven Weier justified the raised price target in a study published Thursday with the warehouse equipment supplier's cyclical and structural growth. The shares remain attractively valued and should remain attractive to investors betting on German economic stimulus programs and a European recovery./rob/tih/ajx

Publication of the original study: July 30, 2025 / 2:36 p.m. / GMT

First distribution of the original study: July 30, 2025 / 2:36 p.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 30, 2025
JPMorgan raises target for Kion to 62 euros - 'Overweight'

NEW YORK (dpa-AFX Analyst) - The US bank JPMorgan raised its price target for Kion from 59 to 62 euros following the second-quarter figures and left the rating at "overweight". In a study released Wednesday, analyst Akash Gupta raised his estimates for the logistics service provider's adjusted operating profit for 2025 and 2026./rob/bek/he

Publication of the original study: July 30, 2025 / 7:50 p.m. / BST First distribution of the original study: July 30, 2025 / 7:50 p.m. / BST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 30, 2025
UBS maintains Kion's 'Buy' rating - target 51 euros

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Kion following its quarterly results, with a price target of €51. Order intake was clearly better than expected, Sven Weier wrote in an initial reaction released Wednesday. Revenue and operating profit (EBIT), however, would have missed the average analyst forecasts./rob/edh/nas

Publication of the original study: July 30, 2025 / 5:48 a.m. / GMT

First distribution of the original study: July 30, 2025 / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 30, 2025
Jefferies maintains Kion's 'Hold' rating - target €57

NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its "Hold" rating for Kion after the company's earnings release, with a price target of €57. In a study published Wednesday, Lucas Ferhani initially questioned whether strong order intake in the warehouse technology and supply chain solutions business represented a turning point or merely a one-off effect. The decisive factor will therefore be whether this trend will be maintained in the second half of the year./rob/tih/nas

Publication of the original study: July 30, 2025 / 2:17 a.m. / Time zone not specified in the study

First distribution of the original study: July 30, 2025 / 2:17 a.m. / Time zone not specified in the study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 30, 2025
Bernstein maintains Kion's 'Outperform' rating - target €54

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Kion at "Outperform" following its quarterly results, with a price target of €54. Strong order intake is offset by a slight miss in other figures, Philippe Lorrain wrote in an initial response released Wednesday. The forklift manufacturer confirmed its annual outlook./rob/edh/mis

Publication of the original study: July 30, 2025 / 6:42 a.m. / UTC

First distribution of the original study: July 30, 2025 / 6:42 a.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 30, 2025
JPMorgan maintains Kion's 'Overweight' rating - target €59

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Kion at "Overweight" with a price target of €59 following its quarterly results. Order intake significantly exceeded the consensus estimate, Akash Gupta wrote in an initial reaction released Wednesday. The forklift manufacturer's adjusted operating result (EBIT), however, was worse than expected./edh/nas

Publication of the original study: July 30, 2025 / 7:13 a.m. / BST

First distribution of the original study: July 30, 2025 / 7:13 a.m. / BST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 9, 2025
Jefferies maintains Kion's 'Hold' rating - target €57

NEW YORK (dpa-AFX Analyst) - The research firm Jefferies has maintained its "Hold" rating for Kion with a price target of €57. Analyst Lucas Ferhani noted in a report released Wednesday that Honeywell is reviewing strategic options for its Productivity Solutions and Services (PSS) business units as well as for Intellograted, the group's warehouse and workflow solutions (WWS). He sees several potential suitors for WWS. He considers a takeover by the forklift truck manufacturer Kion unlikely given the recent downgrade of its credit rating and the company's already strong position in the US./ck/he

Publication of the original study: July 9, 2025 / 1:44 PM / ET. First distribution of the original study: July 9, 2025 / 1:44 PM / ET.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 8, 2025
Berenberg raises target for Kion to 54 euros - 'Hold'

HAMBURG (dpa-AFX Analyst) - Private bank Berenberg raised its price target for Kion from €41 to €54, but maintained its "Hold" rating. Recent signals from the warehouse and logistics specialist point to a significant upturn in orders in the Supply Chain Solutions (SCS) segment in the second quarter, wrote Lasse Stüben in his outlook for the report published on Wednesday. Another highlight is the faster margin improvement. However, after the strong stock performance, he remains on the sidelines despite higher estimates./rob/ag/tih

Publication of the original study: July 8, 2025 / 5:21 PM / GMT

First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 8, 2025
Jefferies downgrades Kion to 'Hold' - target raised to 57 euros

NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies raised its price target for Kion shares from €51 to €57, but downgraded the stock from "Buy" to "Hold" following its recovery rally. "It's time to park the forklift," Lucas Ferhani captioned his reassessment, published on Wednesday. He praised strong trends in both business segments, Industrial Trucks & Services (ITS) and Supply Chain Solutions (SCS). He therefore raised his operating profit estimates by up to 5 percent. However, following the price rally, the valuation is back in line with the long-term average, and further potential is limited./rob/ag/zb

Publication of the original study: July 8, 2025 / 1:26 PM / Time zone not specified in the study

First distribution of the original study: July 8, 2025 / 7:00 PM / Time zone not specified in the study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 7, 2025
UBS maintains Kion's 'Buy' rating - target 51 euros

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Kion with a price target of €51. In his outlook for the upcoming quarterly reports from capital goods companies, published Tuesday, analyst Andre Kukhnin expects results in line with expectations. He names Schneider, Kion, and Weir as the top favorites based on the figures. Assa Abloy, Kone, and Gea are also promising defensive growth ideas. He also values Knorr-Bremse, Siemens, and Warsila for their cyclical and long-term growth. In general, valuations in the sector are undemanding./tih/ag

Publication of the original study: July 7, 2025 / 6:55 PM / GMT

First distribution of the original study: July 7, 2025 / 6:55 PM / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 4, 2025
Warburg Research raises target for Kion to 62 euros - 'Buy'

HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research raised its price target for Kion from €45 to €62 ahead of its quarterly results and maintained its "Buy" rating. In a final conference call before the figures were released, management signaled that the order situation in the SCS division had improved noticeably, Stefan Augustin wrote in a study released Friday. The new price target reflects the shift in its valuation horizon to 2026./rob/edh/gl

Publication of the original study: July 4, 2025 / 8:15 a.m. / Time zone not specified in the study. First distribution of the original study: Date not specified in the study / Time not specified in the study / Time zone not specified in the study.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 4, 2025
Bernstein raises target for Kion to 54 euros - 'Outperform'

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research raised its price target for Kion from €49 to €54 ahead of the second-quarter results and maintained its rating at "Outperform." In his outlook for the report released on Monday, Philippe Lorrain considers a very strong order trend likely. Currently, there appears to be no deterioration in demand trends, which makes him confident about the ITS warehouse technology division and Kion's ability to achieve this year's targets./rob/tih/ag

Publication of the original study: July 4, 2025 / 7:30 p.m. / UTC

First distribution of the original study: July 4, 2025 / 7:30 p.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 4, 2025
Hauck Aufhäuser IB maintains Kion at 'Buy' - Target 63 euros

HAMBURG (dpa-AFX Analyst) - Hauck Aufhäuser Investment Banking has maintained its "Buy" rating for Kion with a price target of €63. Order intake is likely to have continued to increase in the second quarter, wrote Jorge Gonzalez Sadornil in his outlook on the interim report, published Friday. Order momentum and valuation continue to support a buy./rob/ag/gl

Publication of the original study: July 4, 2025 / 8:11 a.m. / Time zone not specified in the study. First distribution of the original study: July 4, 2025 / 8:17 a.m. / Time zone not specified in the study.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 4, 2025
Baader Bank maintains Kion's 'Buy' rating - target EUR 48

MUNICH (dpa-AFX Analyst) - Baader Bank has maintained a "Buy" rating on Kion with a price target of €48. According to preliminary statements, the logistics service provider recorded very high order intake in the supply chain solutions (SCS) division in the second quarter, Peter Rothenaicher wrote in his outlook on the report published on Friday. It raised its annual forecast for the Group, as well as, to a lesser extent, its forecasts for revenue and adjusted operating profit (EBIT), and sees Kion well on track to achieve its annual targets./rob/gl/ag

Publication of the original study: July 4, 2025 / 7:33 a.m. / CEST. First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 3, 2025
Barclays raises target for Kion to 55 euros - 'Overweight'

LONDON (dpa-AFX Analyst) - British investment bank Barclays has raised its price target for Kion from €48 to €55 and maintained its rating at "Overweight." There are increasing signs of a bottoming out, Timothy Lee wrote in his outlook for the reporting season for warehouse logistics companies published on Friday. He adjusted his estimates to reflect greater optimism./ag/gl

Publication of the original study: July 3, 2025 / 5:39 PM / GMT First distribution of the original study: July 4, 2025 / 3:00 AM / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 3, 2025
JPMorgan raises target for Kion to 59 euros - 'Overweight'

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan raised its price target for Kion from €42 to €59 and maintained its rating at "Overweight." Ahead of the logistics provider's quarterly results at the end of July, it raised its estimates for adjusted operating profit (EBIT) in 2025 and 2026 by 1 percent and 4 percent, respectively, and is now 6 percent above the consensus forecast for the coming year, Akash Gupta wrote in his outlook published on Friday. However, he justified the new price target by postponing the valuation period for the stock until December 2026./rob/gl/ag

Publication of the original study: July 3, 2025 / 10:08 PM / BST First distribution of the original study: July 4, 2025 / 12:15 AM / BST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
June 29, 2025
Jefferies maintains Kion's 'Buy' rating - target 51 euros

NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained a "Buy" rating on Kion with a price target of €51. Lucas Ferhani wrote in an assessment published Monday that the timing of the credit downgrade by the US rating agency S&P last Friday came as a great surprise. Since 2022, the logistics service provider's cash generation, debt, and operating margins have improved enormously. Ferhani expects only limited impact on the share price./rob/gl/bek

Publication of the original study: June 29, 2025 / 2:28 p.m. / Time zone not specified in the study

First distribution of the original study: June 29, 2025 / 2:28 p.m. / Time zone not specified in the study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
June 25, 2025
UBS maintains Kion's 'Buy' rating - target 51 euros

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Kion with a price target of €51. A recent UBS survey supports the structural attractiveness of the warehouse automation sector, Sven Weier wrote in his commentary published on Wednesday./rob/ag/tih

Publication of the original study: June 25, 2025 / 3:12 a.m. / GMT

First distribution of the original study: June 25, 2025 / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
June 17, 2025
Warburg Research maintains Kion's 'Buy' rating - target EUR 45

HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has maintained its rating for Kion at "Buy" with a price target of €45. Stefan Augustin wrote on Tuesday after a conference call that consecutive increases in order intake are expected in the supply chain solutions (SCS) segment./ajx/jha/

Publication of the original study: June 17, 2025 / 2:00 PM / CEST

First distribution of the original study: Date not specified in study / Time not specified in study / CEST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
June 3, 2025
Barclays raises target for Kion to 48 euros - 'Overweight'

LONDON (dpa-AFX Analyst) - British investment bank Barclays has raised its price target for Kion from €46 to €48 and maintained its rating at "Overweight." A general recovery is underway in the warehouse automation sector – despite all the tariff uncertainties, wrote Timothy Lee in his industry commentary published on Wednesday. Kion and Jungheinrich's strong European business provides a certain degree of stability, but increasing imports from China pose a risk./ag/tih

Publication of the original study: June 3, 2025 / 3:13 p.m. / GMT

First distribution of the original study: June 4, 2025 / 3:00 a.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
May 30, 2025
Jefferies raises target for Kion to 51 euros - 'Buy'

NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has raised its price target for Kion from €43 to €51 and maintained its "Buy" rating. There are signs of recovery in the warehouse automation sector in Europe, wrote Lucas Ferhani in his industry commentary published Monday in the wake of the reporting season. He is also optimistic about the German billion-euro stimulus package./ag/zb

Publication of the original study: May 30, 2025 / 10:57 AM / ET

First distribution of the original study: June 1, 2025 / 7:00 PM / ET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
May 22, 2025
Bernstein maintains Kion's 'Outperform' rating - target €49

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research maintained its rating for Kion at "Outperform" with a price target of €49 after participating in a conference in Nice. The warehouse technology manufacturer's statements regarding future market developments, customer behavior, and current business activities were consistent with those made in its most recent quarterly report, Philippe Lorrain wrote in a study released Thursday. This is reassuring given the current economic and geopolitical backdrop.

Publication of the original study: May 22, 2025 / 1:26 PM / UTC. First distribution of the original study: May 22, 2025 / 1:26 PM / UTC.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
May 5, 2025
Hauck Aufhäuser IB maintains Kion at 'Buy' - Target 63 euros

HAMBURG (dpa-AFX Analyst) - Hauck Aufhäuser Investment Banking has maintained a "Buy" rating on Kion with a price target of €63. The solid order development in the first quarter suggests that demand for the logistics service provider has bottomed out, wrote analyst Jorge Gonzalez Sadornil in a review of the figures released on Monday.

Publication of the original study: May 5, 2025 / 8:02 a.m. / CET

First distribution of the original study: May 5, 2025 / 8:03 a.m. / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
May 1, 2025
JPMorgan maintains Kion's 'Overweight' rating - target EUR 42

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained Kion's "Overweight" rating with a price target of €42. Following the logistics service provider's solid quarterly figures, the company is sticking to its estimates for adjusted operating profit (EBIT), wrote analyst Akash Gupta in an assessment released Friday./gl/ajx

Publication of the original study: May 1, 2025 / 1:08 p.m. / BST First distribution of the original study: May 2, 2025 / 12:15 a.m. / BST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 30, 2025
JPMorgan maintains Kion's 'Overweight' rating - target EUR 42

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Kion at "Overweight" with a price target of €42. The forklift manufacturer and warehouse technology specialist has had a solid start to the year, analyst Akash Gupta wrote on Wednesday after the first-quarter figures./ajx/gl

Publication of the original study: April 30, 2025 / 7:07 a.m. / BST First distribution of the original study: April 30, 2025 / 7:07 a.m. / BST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 30, 2025
Baader Bank maintains Kion's 'Buy' rating - target EUR 48

MUNICH (dpa-AFX Analyst) - Baader Bank has maintained its "Buy" rating for Kion with a price target of €48. Higher order intake compared to the same period last year characterized the first quarter of 2025, analyst Peter Rothenaicher wrote on Wednesday following the figures from the forklift manufacturer and warehouse technology specialist. He continues to consider the stock undervalued./ajx/gl

Publication of the original study: April 30, 2025 / 7:38 a.m. / CEST. First distribution of the original study: Date not specified in study / Time not specified in study / CEST.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 30, 2025
Bernstein lowers target for Kion to 49 euros - 'Outperform'

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research lowered its price target for Kion from €51 to €49, but maintained its "Outperform" rating. Following quarterly figures that reinforced its positive outlook on the logistics provider, it revised its assessment, analyst Philippe Lorrain wrote in a review released Monday. He justified the new target for the share by stating that the tailwind from higher estimates for 2025 and the valuation period, which had been pushed back by one quarter, did not offset the headwind from higher average capital costs.

Publication of the original study: April 30, 2025 / 8:48 p.m. / UTC First distribution of the original study: April 30, 2025 / 8:48 p.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 30, 2025
Bernstein lowers target for Kion to 49 euros - 'Outperform'

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research lowered its price target for Kion from €51 to €49 following its first-quarter results, but maintained its rating at "Outperform" due to the company's upside potential. Analyst Philippe Lorrain justified the target reduction in a study released Friday with higher capital costs in the valuation model, which outweighed higher earnings expectations for the forklift manufacturer. The quarterly figures underpinned his positive assessment of the company. Kion benefits from the intralogistics megatrend./mis/ajx

Publication of the original study: April 30, 2025 / 8:48 PM / UTC

First distribution of the original study: April 30, 2025 / 8:48 PM / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 30, 2025
Bernstein maintains Kion's 'Outperform' rating - target 51 euros

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Kion at "outperform" following its first-quarter results, with a price target of €51. This is two to three percent above expectations, wrote analyst Philippe Lorrain in a report released Wednesday. Presumably due to a solid order backlog, the logistics specialist confirmed its outlook in a difficult environment./bek/gl

Publication of the original study: April 30, 2025 / 6:47 a.m. / UTC First distribution of the original study: April 30, 2025 / 6:47 a.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 30, 2025
Warburg Research maintains Kion's 'Buy' rating - target EUR 45

HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has maintained its "Buy" rating for Kion after the company's earnings release, with a price target of €45. The first quarter slightly exceeded expectations, wrote analyst Stefan Augustin in a quick assessment published Wednesday. Meanwhile, 2025 remains a transitional year for the warehouse management equipment supplier./mf/gl

Publication of the original study: April 30, 2025 / 8:15 a.m. / CEST. First distribution of the original study: Date not specified in study / Time not specified in study / CEST.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 30, 2025
UBS maintains 'Buy' rating on Kion after figures - target 51 euros

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Kion with a price target of €51. The forklift manufacturer's quarterly figures contained no surprises, analyst Sven Weier wrote in an initial reaction on Wednesday./ajx/ck

Publication of the original study: April 30, 2025 / 5:30 a.m. / GMT

First distribution of the original study: April 30, 2025 / 5:30 a.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 24, 2025
Barclays lowers target for Kion to 46 euros - 'Overweight'

LONDON (dpa-AFX Analyst) - British investment bank Barclays has lowered its price target for Kion from €52 to €46, but maintained its rating at "Overweight." In a "Tariffs 3.0" world, corporate profits are far from "liberalized," wrote analyst Vladimir Sergievskiy in his reassessment of the European capital goods sector published on Friday. Early-cycle companies will feel the pain first, although, unlike in previous downturns, a V-shaped recovery is unlikely. The order backlog is still protecting the late-cycle companies for the time being. However, the order situation will tip due to postponed investments. Sergievskiy cut his earnings estimates through 2026 by an average of 7 percent./ag/mis

Publication of the original study: April 24, 2025 / 4:36 PM / GMT

First distribution of the original study: April 24, 2025 / 4:40 PM / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 10, 2025
Deutsche Bank Research lowers target for Kion to 45 euros - 'Buy'

FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research lowered its price target for Kion from €50 to €45, but maintained its "Buy" rating. In a study on the European capital goods sector published Thursday, analyst Gael de-Bray determined the level of earnings growth or decline discounted in each stock he covers following the market correction. He then compared the risks for each stock in a downturn scenario for 2025. He considers the sell-off at Alstom, for example, to be exaggerated./ck/bek

Publication of the original study: April 10, 2025 / Time not specified in the study / CEST

First distribution of the original study: April 10, 2025 / 8:05 a.m. / CEST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 7, 2025
Bernstein lowers target for Kion to 51 euros - 'Outperform'

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research lowered its price target for Kion from €53 to €51 ahead of its first-quarter 2025 results, but maintained its rating at "outperform." Analyst Philippe Lorrain explained the lower price target in a study released Tuesday, citing the forklift and warehouse technology manufacturer's higher weighted average cost of capital. Meanwhile, the expert expects solid quarterly figures from the company./bek/mis

Publication of the original study: April 7, 2025 / 4:09 PM / UTC

First distribution of the original study: April 7, 2025 / 4:09 PM / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 4, 2025
Deutsche Bank Research maintains Kion's 'Buy' rating - target 50 euros

FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained a "Buy" rating on Kion with a price target of €50. Short-term trends in Europe remain challenging, which is why he is cutting his earnings (EPS) forecast for 2025, analyst Gael de-Bray wrote in an assessment released Friday. However, the logistics provider appears relatively well-protected against the new US tariffs. Kion should also benefit from the German infrastructure funding package starting in 2026. The planned cost savings are also expected to become noticeable in the coming year./gl/edh

Publication of the original study: April 4, 2025 / 7:56 a.m. / CET First distribution of the original study: Date not specified in study / Time not specified in study / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 4, 2025
Hauck Aufhäuser IB maintains Kion at 'Buy' - Target 63 euros

HAMBURG (dpa-AFX Analyst) - Hauck Aufhäuser Investment Banking has maintained its "Buy" rating for Kion with a price target of €63. The warehouse management equipment supplier reported solid order intake in the first quarter during a conference call, analyst Jorge Gonzalez Sadornil wrote in a report released Friday. Despite the current pressure from US tariffs, he maintains his positive assessment./mf/mis

Publication of the original study: April 4, 2025 / 8:21 a.m. / CET

First distribution of the original study: April 4, 2025 / 8:21 a.m. / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 4, 2025
Baader Bank maintains Kion's 'Buy' rating - target EUR 48

MUNICH (dpa-AFX Analyst) - Baader Bank has maintained a "Buy" rating on Kion with a price target of €48. The logistics service provider's quarterly figures, due at the end of April, are expected to show higher order intake compared to the previous year, but lower revenue, wrote analyst Peter Rothenaicher in an outlook released on Friday. The adjusted operating profit margin (EBIT) is expected to be within the company's target range./gl/edh

Publication of the original study: April 4, 2025 / 7:44 a.m. / CET First distribution of the original study: Date not specified in study / Time not specified in study / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 3, 2025
JPMorgan lowers target for Kion to 42 euros - 'Overweight'

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan lowered its price target for Kion from €43 to €42 ahead of first-quarter results and maintained its rating at "Overweight." Recent movements in the currency markets have resulted in a two percent lower estimate for the logistics expert's adjusted earnings per share for 2025 and 2026, analyst Akash Gupta wrote in an outlook on Thursday. With regard to US import tariffs, Kion is less dependent on the North American market than the sector average.

Publication of the original study: April 3, 2025 / 4:10 p.m. / BST First distribution of the original study: April 3, 2025 / 4:10 p.m. / BST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
March 14, 2025
Barclays upgrades Kion to 'Overweight' - target raised to 52 euros

LONDON (dpa-AFX Analyst) - British investment bank Barclays has upgraded Kion from "Equal Weight" to "Overweight" and raised its price target from €39 to €52. Analyst Timothy Lee emerged from a visit to Logimat – the trade fair for distribution, materials, and information flow – on Friday with great optimism. The industry recovery coupled with the "Germany boost" could overshadow competitive pressure, the expert said. He now has Kion, Jungheinrich, and Autostore rated "Overweight."/ag/bek

Publication of the original study: March 14, 2025 / 7:23 PM / GMT

First distribution of the original study: March 17, 2025 / 4:00 AM / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
March 12, 2025
Jefferies raises target for Kion to 54 euros - 'Buy'

NEW YORK (dpa-AFX Analyst) - The research firm Jefferies has raised its price target for Kion from €51 to €54 and maintained its "Buy" rating. In a study published Thursday, analyst Lucas Ferhani continues to favor stocks that benefit from a cyclical recovery in the industrial trucks sector, also supported by economic stimulus programs. Trade fairs taking place in March should provide a better insight into this year's demand.

Publication of the original study: March 12, 2025 / 9:14 AM / ET

First distribution of the original study: March 12, 2025 / 8:00 PM / ET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
March 4, 2025
Berenberg maintains Kion's 'Hold' rating - target 41 euros

HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained its "Hold" rating for Kion with a price target of €41. The logistics and warehouse management expert's outlook points to 2025 as a transition year, wrote analyst Lasse Stüben in his commentary published on Wednesday. Statements regarding the forklift truck segment (ITS) point to a recovery in demand in the second half of the year. Demand in Europe is currently subdued./bek/ag

Publication of the original study: March 4, 2025 / 5:55 PM / GMT

First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
March 4, 2025
Warburg Research raises target for Kion to 52 euros - 'Buy'

HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research raised its price target for Kion from €48 to €52 following the company's earnings release and maintained its "Buy" rating. The new price target results from taking into account a forward-looking forecast period, wrote analyst Stefan Augustin in a study published Tuesday. The current year is likely to be a year of transition for the warehouse management equipment supplier./mf/bek

Publication of the original study: March 4, 2025 / 8:15 a.m. / CET

First distribution of the original study: Date not specified in study / Time not specified in study / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
March 3, 2025
Bernstein raises target for Kion to 53 euros - 'Outperform'

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research raised its price target for Kion from €50 to €53 following the recently released annual results and maintained its rating at "outperform." These support its view that the turning point in the earnings revision cycle has been reached, analyst Philippe Lorrain wrote in a report released Monday. Kion continues to offer an attractive opportunity to benefit from megatrends in the organization, management, implementation, and optimization of internal material flows./la/ngu

Publication of the original study: March 3, 2025 / 4:29 p.m. / UTC. First distribution of the original study: March 3, 2025 / 5:00 p.m. / UTC.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
March 3, 2025
Hauck Aufhäuser IB maintains Kion at 'Buy' - Target 63 euros

HAMBURG (dpa-AFX Analyst) - Hauck Aufhäuser Investment Banking has maintained its "Buy" rating for Kion with a price target of €63. Analyst Jorge Gonzalez Sadornil adjusted his estimates on Monday to reflect the warehouse logistics specialist's outlook. Following the warning in early February, he said the outlook is now somewhat better than expected. Demand in the Industrial Trucks & Services (ITS) forklift segment appears to have bottomed out. Thanks to rapid cost-cutting measures, the company is adapting well to the more competitive environment./ag/nas

Publication of the original study: March 3, 2025 / 8:27 a.m. / CET

First distribution of the original study: March 3, 2025 / 8:27 a.m. / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 28, 2025
JPMorgan maintains Kion's 'Overweight' rating - target EUR 43

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Kion at "Overweight" with a price target of €43. Despite a mixed picture in leading indicators, the figures for European capital goods companies in the fourth quarter were overall better than expected, wrote analyst Akash Gupta in an industry report released on Monday. Geographically, the sales markets of North America, the Middle East, and India were the most important growth drivers, while Europe and China remained weak. His "Top Picks" in the sector are Alstom, FLSmidth, IMI, Knorr-Bremse, Metso, Prysmian, Signify, Smiths Group, Spectris, and Weir./edh/mis

Publication of the original study: February 28, 2025 / 4:12 PM / GMT

First distribution of the original study: March 3, 2025 / 12:15 AM / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 28, 2025
JPMorgan raises target for Kion to 43 euros - 'Overweight'

NEW YORK (dpa-AFX Analyst) - Following the annual results, US bank JPMorgan raised its price target for Kion from €42 to €43 and maintained its rating at "Overweight." Analyst Akash Gupta updated his valuation model for the warehouse equipment manufacturer in a study published Friday, also reflecting the company's targets for 2025. His expectations for operating profit (EBIT) in 2025 and 2026 are increasing by two percent each. Kion remains his preferred choice to bet on a short-cycle recovery./tih/gl

Publication of the original study: February 28, 2025 / 9:40 a.m. / GMT First distribution of the original study: February 28, 2025 / 9:41 a.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 28, 2025
Deutsche Bank Research maintains Kion's 'Buy' rating - target 50 euros

FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained its "Buy" rating for Kion with a price target of €50. The forklift manufacturer's earnings and free cash flow outlook for 2025 is better than the market expected, wrote analyst Gael de-Bray in a study published Friday./edh/gl

Publication of the original study: February 28, 2025 / Time not specified in study / CET First distribution of the original study: February 28, 2025 / 08:17 / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 27, 2025
UBS raises target for Kion to 51 euros - 'Buy'

ZURICH (dpa-AFX Analyst) - Following a conference call, Swiss bank UBS raised its price target for Kion from €45 to €51 and maintained its rating at "Buy." The logistics specialist's shares are one of the best short-term investment ideas in the event of an economic recovery, wrote analyst Sven Weier in a study published Thursday.

Publication of the original study: February 27, 2025 / 5:40 PM / GMT First distribution of the original study: February 27, 2025 / 5:40 PM / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 27, 2025
Bernstein maintains Kion's 'Outperform' rating - target 50 euros

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Kion at "Outperform" after its annual results, with a price target of €50. The warehouse equipment supplier's outlook is slightly above expectations, wrote analyst Philippe Lorrain in a report released Thursday. The results themselves were in line with the previously published key figures./tih/gl

Publication of the original report: February 27, 2025 / 7:53 a.m. / UTC First distribution of the original report: February 27, 2025 / 7:53 a.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 27, 2025
Jefferies maintains Kion's 'Buy' rating - target 51 euros

NEW YORK (dpa-AFX Analyst) - Following the final quarterly figures, analyst Jefferies has maintained its "Buy" rating for Kion with a price target of €51. Compared to the forklift manufacturer's strong preliminary figures, there were no major surprises, wrote analyst Lucas Ferhani in a report published Thursday. The focus now shifts to the 2025 forecasts, which are slightly higher than expected for operating profit and free cash flow, based on the midpoint of the respective target ranges. The dividend, however, is slightly below the consensus estimate.

Publication of the original study: February 27, 2025 / 1:33 AM / ET. First distribution of the original study: February 27, 2025 / 1:33 AM / ET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 12, 2025
Jefferies maintains Kion's 'Buy' rating - target 51 euros

NEW YORK (dpa-AFX Analyst) - Research firm Jefferies has maintained a "Buy" rating on Kion with a price target of €51. Due to inflation and longer delivery times as a result of the coronavirus pandemic, as well as the withdrawal of established competitors from Russia, Chinese forklift manufacturers have significantly increased their foreign market share since 2019, analyst Simon Toennessen wrote in an industry commentary published Thursday. In Europe, this is primarily at the expense of smaller competitors. The restructuring at Kion comes at the right time to maintain future competitiveness and adapt to the persistently low growth in the EU's core markets./gl/bek

Publication of the original study: February 12, 2025 / 5:33 a.m. / ET

First distribution of the original study: February 12, 2025 / 7:00 p.m. / ET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 6, 2025
Berenberg maintains Kion's 'Hold' rating - target 41 euros

HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained its "Hold" rating for Kion with a price target of €41. The forklift manufacturer's fourth quarter was strong, wrote analyst Lasse Stüben in a study published Friday. However, he expects declining margins for 2025./edh/gl

Publication of the original study: February 6, 2025 / 5:28 PM / GMT. First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 5, 2025
Bernstein lowers target for Kion to 50 euros - 'Outperform'

NEW YORK (dpa-AFX Analyst) - Bernstein Research has lowered its price target for Kion from €53 to €50 and maintained its rating at "Outperform." Analyst Philippe Lorrain wrote in a report released Wednesday evening that the share price's rollercoaster ride following the company's financial results and the introduction of an efficiency program was exaggerated. Although he currently views the warehouse and logistics equipment supplier's plans with some caution, the implementation should support the profitability of the Industrial Trucks & Services (IT&S) division in the future and make it more resilient. He lowered the price target primarily because he pushed the valuation period further into the future and also due to increased capital costs./ck/he

Publication of the original study: February 5, 2025 / 8:40 PM / UTC

First distribution of the original study: February 5, 2025 / 8:40 PM / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 5, 2025
Warburg Research lowers target for Kion to 48 euros - 'Buy'

HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research lowered its price target for Kion from €58 to €48, but maintained its "Buy" rating. The key figures for 2024 were strong, wrote analyst Stefan Augustin in his response released Wednesday. This is thanks to the Industrial Trucks & Services division, where measures were taken to secure margins./ag/mis

Publication of the original study: February 5, 2025 / 8:15 a.m. / CET

First distribution of the original study: Date not specified in study / Time not specified in study / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 5, 2025
Hauck Aufhäuser IB maintains Kion at 'Buy' - Target 63 euros

HAMBURG (dpa-AFX Analyst) - Hauck Aufhäuser Investment Banking has maintained its "Buy" rating for Kion with a price target of €63. With new cost-cutting measures, the warehouse logistics specialist is countering the headwinds expected in 2025, wrote analyst Jorge Gonzalez Sadornil in his commentary on the quarterly key figures published on Wednesday. A renewed increase in incoming orders this year should support the shares at their currently moderate valuation level./ag/tih

Publication of the original study: February 5, 2025 / 8:28 a.m. / CET

First distribution of the original study: February 5, 2025 / 8:28 a.m. / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 4, 2025
JPMorgan lowers target for Kion to 42 euros - 'Overweight'

NEW YORK (dpa-AFX Analyst) - Following the release of earnings and a conference call, US bank JPMorgan lowered its price target for Kion from €43 to €42, leaving the rating at "Overweight." In a study released Tuesday, analyst Akash Gupta noted positive key figures for the warehouse and logistics equipment supplier for the past year, but also a subdued outlook for the new year. As a result, it cut its operating profit estimate for this year to a level 10 percent below consensus.

Publication of the original study: February 4, 2025 / 3:05 p.m. / GMT. First distribution of the original study: February 4, 2025 / 3:05 p.m. / GMT.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 4, 2025
Baader Bank maintains Kion's 'Buy' rating - target EUR 48

MUNICH (dpa-AFX Analyst) - Baader Bank has maintained its "Buy" rating for Kion with a price target of €48. Strong operating results for 2024 have exceeded market expectations, wrote analyst Peter Rothenaicher on Tuesday after the company's earnings release. Kion is responding to the weak environment with efficiency measures. The expert continues to believe the shares are undervalued./ag/gl

Publication of the original study: February 4, 2025 / 1:16 p.m. / CET First distribution of the original study: Date not specified in study / Time not specified in study / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 4, 2025
JPMorgan maintains Kion's 'Overweight' rating - target EUR 43

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Kion at "Overweight" with a price target of €43. The forklift manufacturer's adjusted operating result exceeded the consensus by 17 percent, analyst Akash Gupta wrote on Tuesday following key quarterly figures. If the announced cost-cutting measures are successful, they would provide momentum for the earnings target for 2027. However, one risk is the ongoing weakness in the automated warehouse systems business, where no recovery in demand is yet evident./ag/la

Publication of the original study: February 4, 2025 / 10:12 / GMT First distribution of the original study: February 4, 2025 / 10:12 / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 4, 2025
Jefferies maintains Kion's 'Buy' rating - target 51 euros

NEW YORK (dpa-AFX Analyst) - Following key figures for 2024 and the announcement of a cost-cutting program, analyst Jefferies has maintained its "Buy" rating for Kion with a price target of €51. Analyst Lucas Ferhani praised the company's business figures in an initial reaction released on Tuesday, noting that both divisions performed strongly. Meanwhile, he sees the forklift manufacturer's reference to stronger competition from China as a negative point./mis/la

Publication of the original study: February 4, 2025 / 5:07 a.m. / ET First distribution of the original study: February 4, 2025 / 5:07 a.m. / ET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
January 10, 2025
JPMorgan maintains Kion's 'Overweight' rating - target EUR 43

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained Kion's "Overweight" rating with a price target of €43. In a study published Friday, analyst Akash Gupta adjusted his valuation model for the logistics service provider to reflect recent exchange rate developments. He slightly increased his estimate for adjusted earnings per share in 2025.

Publication of the original study: January 10, 2025 / 4:27 p.m. / GMT First distribution of the original study: January 10, 2025 / 4:27 p.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
January 8, 2025
Hauck Aufhäuser IB maintains Kion at 'Buy' - Target 63 euros

HAMBURG (dpa-AFX Analyst) - Hauck Aufhäuser Investment Banking has maintained its "Buy" rating for Kion with a price target of €63. The share price increase following the announcement of a collaboration with Nvidia and Accenture appears exaggerated, wrote analyst Jorge Gonzalez Sadornil in a report published Wednesday. The resulting solutions will take time. In general, however, the outlook for the warehouse equipment supplier was favorable./mf/zb

Publication of the original study: January 8, 2025 / 7:47 a.m. / CET

First distribution of the original study: January 8, 2025 / 8:00 a.m. / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
January 7, 2025
Bernstein maintains Kion's 'Outperform' rating - target 53 euros

NEW YORK (dpa-AFX Analyser) - US analyst firm Bernstein Research has maintained Kion's "Outperform" rating with a price target of €53 following the announcement of a collaboration with AI heavyweight Nvidia and IT consulting firm Accenture. The news of a collaboration to optimize supply chains using artificial intelligence (AI) and simulation technologies highlights the long-term prospects for the warehouse automation industry, analyst Philippe Lorrain wrote in a report released Tuesday. Although the financial impact of the partnership is likely to be limited and difficult to estimate in the short term, according to Lorrain, he considers the news positive./ck/tih

Publication of the original study: January 7, 2025 / 4:17 PM / UTC

First distribution of the original study: January 7, 2025 / 4:35 PM / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
December 5, 2024
JPMorgan lowers target for Kion to 43 euros - 'Overweight'

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan lowered its price target for Kion from €44 to €43, but maintained its rating at "Overweight." According to his outlook for the European capital goods industry published on Friday, analyst Andrew Wilson expects a continued shift from cyclicality to quality in 2025. However, he notes increased geopolitical uncertainty and lavish valuations that leave little room for disappointment. Wilson's favorites are Siemens, Andritz, Ashtead, and IMI. The expert separately rolled forward its valuation base in the sector to June 2026./ag/gl

Publication of the original study: December 5, 2024 / 8:23 PM / GMT. First distribution of the original study: December 6, 2024 / 12:15 AM / GMT.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
December 3, 2024
Barclays maintains Kion at 'Equal Weight' - target 38 euros

LONDON (dpa-AFX Analyst) - British investment bank Barclays has maintained its rating for Kion at "Equal Weight" with a price target of €38. Even without considering tariff risks, European capital goods companies are unlikely to see much growth in the coming year, wrote analyst Vladimir Sergievskiy in his outlook published on Wednesday. The flagships are also expensive./ag/nas

Publication of the original study: December 3, 2024 / 5:48 PM / GMT

First distribution of the original study: December 4, 2024 / 4:00 AM / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
December 3, 2024
Berenberg maintains Kion's 'Hold' rating - target 41 euros

HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained a "Hold" rating on Kion with a price target of €41. The logistics service provider's outlook, which was narrowed following the release of its quarterly figures, includes a seasonal improvement for the final quarter, but possibly weaker margins, wrote analyst Lasse Stüben in his commentary published Wednesday following a meeting with the CFO at the Berenberg investor conference. He himself does not expect a significant recovery in order intake./gl/tav

Publication of the original study: December 3, 2024 / 11:11 AM / GMT. First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
December 2, 2024
UBS maintains Kion's 'Buy' rating - target EUR 45

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Kion with a price target of €45. The shares now appear immune to negative economic news, wrote analyst Sven Weier in his commentary published on Tuesday. In addition to better news, a clearing of expectations for forklift truck earnings is needed for a better price performance. He expects this to be part of the 2025 targets on February 27./ag/zb

Publication of the original study: December 2, 2024 / 6:27 p.m. / GMT

First distribution of the original study: December 3, 2024 / Time not specified in the study / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
November 25, 2024
Deutsche Bank Research lowers target for Kion to 50 euros - 'Buy'

FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research lowered its price target for Kion from €55 to €50, but maintained its "Buy" rating. The European capital goods industry remains in a downturn, with structural competitive problems in Germany and tighter fiscal plans in France, analyst Gael de-Bray wrote in an industry report released Monday. This makes it difficult to invest in more cyclical sector companies. Furthermore, the threat of tariff barriers from the incoming US administration is a factor of uncertainty. On the positive side, the ECB is likely to accelerate its interest rate cut cycle, which should lead to more attractive financing conditions for investment-intensive segments./edh/tih

Publication of the original study: November 25, 2024 / Time not specified in the study / CET

First distribution of the original study: November 25, 2024 / 8:28 a.m. / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
November 11, 2024
Berenberg lowers target for Kion to 41 euros - 'Hold'

HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has lowered its price target for Kion from €48 to €41, but maintained its "Hold" rating. The forklift manufacturer's order intake in the third quarter did not show a significant turnaround, as the order backlog in both divisions continued to decline, analyst Lasse Stüben wrote in a study released Tuesday. He reduced his estimates for 2025 and 2026./edh/zb

Publication of the original study: November 11, 2024 / 6:21 PM / GMT

First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
November 5, 2024
Baader Bank lowers target for Kion to 48 euros - 'Buy'

MUNICH (dpa-AFX Analyst) - Baader Bank has lowered its price target for Kion from €51 to €48, but maintained its "Buy" rating. Following a very solid third quarter, the forklift manufacturer is well on track to achieve its encouraging annual targets, analyst Peter Rothenaicher wrote on Tuesday following the latest figures. However, since 2025 is likely to be more challenging, it lowered its revenue expectations for the coming year.

Publication of the original study: November 5, 2024 / 11:00 a.m. / CET. First distribution of the original study: Date not specified in study / Time not specified in study / CET.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
November 4, 2024
Warburg Research lowers target for Kion to 58 euros - 'Buy'

HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has lowered its price target for Kion from €65 to €58, but maintained its "Buy" rating. The forklift company's results were solid, wrote analyst Stefan Augustin in his commentary on the previous week's report, published Monday. The order backlog has normalized./ag/gl

Publication of the original study: November 4, 2024 / 8:15 a.m. / CET First distribution of the original study: Date not specified in study / Time not specified in study / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 31, 2024
Bernstein maintains Kion's 'Outperform' rating - target 53 euros

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained Kion's "Outperform" rating with a price target of €53. The logistics provider's latest quarterly figures did not bring any surprises given current business trends, analyst Philippe Lorrain wrote in a study released Thursday. According to statements made during the presentation of the figures and the subsequent conference call, he fears further declining consensus estimates for the forklift truck division (ITS), but this could prove to be the last wave of cuts before a recovery.

Publication of the original study: October 31, 2024 / 3:23 p.m. / UTC First distribution of the original study: October 31, 2024 / 3:23 p.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 31, 2024
Deutsche Bank Research maintains Kion's 'Buy' rating - target 55 euros

FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained a "Buy" rating on Kion with a price target of €55. The forklift manufacturer positively surprised with orders and operating profit (EBIT) in the third quarter, but slightly disappointed with sales, wrote analyst Gael de-Bray in a commentary published Thursday. The narrowed annual targets correspond to the consensus estimates./gl/mis

Publication of the original study: October 31, 2024 / 8:08 a.m. / CET First distribution of the original study: Date not specified in study / Time not specified in study / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 31, 2024
Hauck Aufhäuser IB lowers target for Kion to 63 euros - 'Buy'

HAMBURG (dpa-AFX Analyst) - Hauck Aufhäuser Investment Banking lowered its price target for Kion from €67 to €63 following its quarterly results, but maintained its "Buy" rating. The forklift manufacturer's results were in line with expectations, wrote analyst Jorge Gonzalez Sadornil in a report released Thursday. However, he emphasized that the market environment remains challenging and slightly lowered his earnings forecasts./edh/mis

Publication of the original study: October 31, 2024 / 8:20 a.m. / CET

First distribution of the original study: October 31, 2024 / 8:20 a.m. / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 30, 2024
JPMorgan maintains Kion's 'Overweight' rating - target EUR 44

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Kion at "Overweight" with a price target of €44. In response to the forklift manufacturer's quarterly figures, it has raised its earnings forecast (adjusted EBIT) for 2024 by 2 percent, analyst Akash Gupta wrote on Wednesday evening. However, its EBIT expectations for 2025 are still 7 percent below the consensus estimate prior to the announcement of the current results./edh/ag

Publication of the original study: October 30, 2024 / 9:12 PM / GMT

First distribution of the original study: October 30, 2024 / 9:13 PM / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 30, 2024
Warburg Research maintains Kion's 'Buy' rating - target 65 euros

HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has maintained its "Buy" rating for Kion with a price target of €65. Order intake was slightly better than expected, wrote analyst Stefan Augustin on Wednesday morning after the figures were released./ag/mis

Publication of the original study: October 30, 2024 / 8:15 a.m. / CET

First distribution of the original study: Date not specified in study / Time not specified in study / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 30, 2024
Baader Bank maintains Kion's 'Buy' rating - target 51 euros

MUNICH (dpa-AFX Analyst) - Baader Bank has maintained its "Buy" rating for Kion with a price target of €51. The third quarter slightly exceeded expectations – with the exception of the profit, analyst Peter Rothenaicher wrote on Wednesday morning./ag/ajx

Publication of the original study: October 30, 2024 / 8:18 a.m. / CET

First distribution of the original study: Date not specified in study / Time not specified in study / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 30, 2024
Bernstein maintains Kion's 'Outperform' rating - target 53 euros

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Kion at "outperform" with a price target of €53 following its third-quarter results. The forklift and warehouse technology provider performed better overall than expected, wrote analyst Philippe Lorrain in a report released Wednesday. In addition, the narrowed ranges of the 2024 business targets would hardly differ from market expectations./mis/ajx

Publication of the original study: October 30, 2024 / 7:33 a.m. / UTC

First distribution of the original study: October 30, 2024 / 7:33 a.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 30, 2024
Jefferies maintains Kion's 'Buy' rating - target 51 euros

NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its "Buy" rating for Kion with a price target of €51. Analyst Lucas Ferhani described the company's quarterly report on Wednesday morning. He noted that slightly higher annual targets were due to the supply chain solutions (SCS) business.

Publication of the original study: October 30, 2024 / 3:18 a.m. / ET

First distribution of the original study: October 30, 2024 / 3:18 a.m. / ET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 30, 2024
JPMorgan maintains Kion's 'Overweight' rating - target EUR 44

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Kion at "Overweight" with a price target of €44. A solid performance should be reassuring given the recent decline in expectations, analyst Akash Gupta wrote on Wednesday morning after the figures were released.

Publication of the original study: October 30, 2024 / 6:54 a.m. / GMT

First distribution of the original study: October 30, 2024 / 6:56 a.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 9, 2024
UBS lowers target for Kion to 45 euros - 'Buy'

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has lowered its price target for Kion from 50 to 45 euros, but maintained its "Buy" rating. In his analysis published Thursday, Sven Weier cut his operating earnings (EBIT) estimates for the forklift manufacturer and warehouse specialist for 2025 and 2026. The expert also considers market expectations to be 10 percent too high. However, the shares are valued so low that EBIT at the end of 2025 would ultimately end up 20 percent below its forecast and 30 percent below the consensus./ag/gl

Publication of the original study: October 9, 2024 / 3:21 p.m. / GMT First distribution of the original study: October 10, 2024 / Time not specified in study / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 4, 2024
JPMorgan lowers target for Kion to 44 euros - 'Overweight'

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan lowered its price target for Kion from €45 to €44 ahead of third-quarter results, but maintained its "overweight" rating. Demand for the forklift manufacturer is likely to have bottomed out, analyst Akash Gupta wrote in a report released Friday. The expert expects some improvement in the final quarter of the year compared to the previous quarter, which will also be supported by seasonality and the lower interest rates.

Publication of the original study: October 4, 2024 / 2:19 PM / BST First distribution of the original study: October 4, 2024 / 2:19 PM / BST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 2, 2024
Jefferies lowers target for Kion to 51 euros - 'Buy'

NEW YORK (dpa-AFX Analyst) - The research firm Jefferies has lowered its price target for Kion from €56 to €51, but maintained its "Buy" rating. Shortly before the quarterly report, there are hardly any changes to report in the end markets, analyst Lucas Ferhani wrote in his outlook published Thursday. An upturn in the business cycle is imminent, but the exact timing is "tricky." He cut his earnings estimates, but sees great value in the forklift manufacturer's stock./ag/edh

Publication of the original study: October 2, 2024 / 10:42 AM / ET

First distribution of the original study: October 2, 2024 / 7:00 PM / ET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 2, 2024
Hauck Aufhäuser IB maintains Kion at 'Buy' - target 67 euros

HAMBURG (dpa-AFX Analyst) - Hauck Aufhäuser Investment Banking has maintained its "Buy" rating for Kion with a price target of €67. The quarterly report is unlikely to provide much momentum, analyst Jorge Gonzalez Sadornil wrote in his outlook published Wednesday. However, it remains bullish, partly due to expected stabilization in the Industrial Trucks and Services (ITS) sector./ag/tih

Publication of the original study: October 2, 2024 / 8:19 a.m. / CEST

First distribution of the original study: October 2, 2024 / 8:19 a.m. / CEST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 1, 2024
Baader Bank maintains Kion's 'Buy' rating - target 51 euros

MUNICH (dpa-AFX Analyst) - Baader Bank has maintained its "Buy" rating for Kion with a price target of €51. The forklift truck company is well on track to achieve its annual targets, wrote analyst Peter Rothenaicher in his outlook for the quarterly report published on Tuesday. He also considers the shares to be attractively valued./ag/gl

Publication of the original study: October 1, 2024 / 11:53 a.m. / CEST First distribution of the original study: Date not specified in study / Time not specified in study / CEST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 1, 2024
Deutsche Bank Research lowers target for Kion to 55 euros - 'Buy'

FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research lowered its price target for Kion from €57 to €55, but maintained its "Buy" rating. In his outlook for the quarterly report published on Tuesday, analyst Gael de-Bray expects the order book to remain weak. However, he maintains his "Buy" recommendation for valuation reasons./ag/gl

Publication of the original study: October 1, 2024 / Time not specified in study / CET First distribution of the original study: October 1, 2024 / 8:13 a.m. / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 1, 2024
Warburg Research raises target for Kion to 65 euros - 'Buy'

HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has raised its price target for Kion from €63 to €65 and maintained its rating at "Buy." While the order situation is likely to have remained weak, profitability is solid, wrote analyst Stefan Augustin in his outlook for the quarterly report published on Tuesday./ag/zb

Publication of the original study: October 1, 2024 / 8:15 a.m. / CEST

First distribution of the original study: Date not specified in study / Time not specified in study / CEST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 23, 2024
Berenberg maintains Kion's 'Hold' rating - target 48 euros

HAMBURG (dpa-AFX Analyser) - The private bank Berenberg has left the shares of the logistics service provider Kion on "Hold" with a price target of 48 euros. At a Berenberg conference with German companies, CFO Christian Harm provided initial indications that business trends in the current quarter are likely to continue those of the previous quarter, analyst Lasse Stüben wrote in a study released Tuesday./gl/ajx

Publication of the original study: September 23, 2024 / 4:43 p.m. / GMT First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 23, 2024
Hauck Aufhäuser IB maintains Kion at 'Buy' - target 67 euros

HAMBURG (dpa-AFX Analyser) - Hauck Aufhäuser Investment Banking has maintained its rating for Kion at "Buy" with a price target of 67 euros. The US Federal Reserve's interest rate turnaround could be the first major driver of the turnaround at warehouse logistics subsidiary Dematic, wrote analyst Jorge Gonzalez Sadornil in his commentary published on Monday./ag/ajx

Publication of the original study: September 23, 2024 / 8:30 a.m. / CEST

First distribution of the original study: September 23, 2024 / 8:30 a.m. / CEST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 19, 2024
Barclays lowers target for Kion to 38 euros - 'Equal Weight'

LONDON (dpa-AFX Analyst) - British investment bank Barclays has lowered its price target for Kion from €43 to €38 and maintained its rating at "Equal Weight." Expectations for a market recovery have not yet materialized for the warehouse technology manufacturer, analyst Timothy Lee wrote in an industry report released Friday. This will likely be postponed until 2025 in hopes of further interest rate cuts and an economic recovery. Accordingly, he lowered his estimates and price targets./mf/tih

Publication of the original study: September 19, 2024 / 12:33 / GMT

First distribution of the original study: September 19, 2024 / 12:37 / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 17, 2024
Baader Bank lowers target for Kion to 51 euros - 'Buy'

MUNICH (dpa-AFX Analyst) - Baader Bank has lowered its price target for Kion from €54 to €51 and maintained its "Buy" rating. Due to the lack of order recovery, analyst Peter Rothenaicher lowered his growth expectations in a study published Tuesday. However, the warehouse technology manufacturer remains on track for a positive fiscal year result. This year's targets are characterized by cautious optimism, while the stock remains extremely undervalued./tih/bek

Publication of the original study: September 17, 2024 / 2:34 PM / CEST

First distribution of the original study: Date not specified in study / Time not specified in study / CEST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 17, 2024
Warburg Research maintains Kion's 'Buy' rating - target 63 euros

HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has maintained its "Buy" rating for Kion with a price target of €63. An economic slowdown in Germany is making headlines everywhere, wrote analyst Stefan Augustin in his commentary published on Tuesday. However, the weakness of a single country has only a limited impact on the warehouse technology manufacturer. However, for the undervaluation of the shares to be resolved, an improvement in leading indicators is necessary./tih/ag

Publication of the original study: September 17, 2024 / 8:15 a.m. / CEST

First distribution of the original study: Date not specified in study / Time not specified in study / CEST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 26, 2024
Warburg Research lowers target for Kion to 63 euros - 'Buy'

HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has lowered its price target for Kion from €66 to €63, but maintained its "Buy" rating. In response to the second-quarter figures, it has reduced its revenue and earnings (EPS) forecasts for 2024 to 2026, analyst Stefan Augustin wrote in a report released Monday. However, after the recent price decline, the stock is very attractively valued, he justified his confirmed buy recommendation./edh/zb

Publication of the original study: August 26, 2024 / 8:15 a.m. / CEST

First distribution of the original study: Date not specified in study / Time not specified in study / CEST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

Price targets

Analyst ratings

Berenberg maintains Kion's 'Hold' rating - target 54 euros

Jefferies raises target for Kion to 62 euros - 'Hold'

Berenberg maintains Kion's 'Hold' rating - target 54 euros

Bernstein raises target for Kion to 61 euros - 'Outperform'

Deutsche Bank Research raises target for Kion to 60 euros - 'Buy'

Hauck Aufhäuser IB raises target for Kion to 65 euros - 'Buy'

Baader Bank raises target for Kion to 62 euros - 'Buy'

Baader Bank maintains Kion's 'Buy' rating - target EUR 48

UBS raises target for Kion to 58 euros - 'Buy'

JPMorgan raises target for Kion to 62 euros - 'Overweight'

UBS maintains Kion's 'Buy' rating - target 51 euros

Jefferies maintains Kion's 'Hold' rating - target €57

Bernstein maintains Kion's 'Outperform' rating - target €54

JPMorgan maintains Kion's 'Overweight' rating - target €59

Jefferies maintains Kion's 'Hold' rating - target €57

Berenberg raises target for Kion to 54 euros - 'Hold'

Jefferies downgrades Kion to 'Hold' - target raised to 57 euros

UBS maintains Kion's 'Buy' rating - target 51 euros

Warburg Research raises target for Kion to 62 euros - 'Buy'

Bernstein raises target for Kion to 54 euros - 'Outperform'

Hauck Aufhäuser IB maintains Kion at 'Buy' - Target 63 euros

Baader Bank maintains Kion's 'Buy' rating - target EUR 48

Barclays raises target for Kion to 55 euros - 'Overweight'

JPMorgan raises target for Kion to 59 euros - 'Overweight'

Jefferies maintains Kion's 'Buy' rating - target 51 euros

UBS maintains Kion's 'Buy' rating - target 51 euros

Warburg Research maintains Kion's 'Buy' rating - target EUR 45

Barclays raises target for Kion to 48 euros - 'Overweight'

Jefferies raises target for Kion to 51 euros - 'Buy'

Bernstein maintains Kion's 'Outperform' rating - target €49

Hauck Aufhäuser IB maintains Kion at 'Buy' - Target 63 euros

JPMorgan maintains Kion's 'Overweight' rating - target EUR 42

JPMorgan maintains Kion's 'Overweight' rating - target EUR 42

Baader Bank maintains Kion's 'Buy' rating - target EUR 48

Bernstein lowers target for Kion to 49 euros - 'Outperform'

Bernstein lowers target for Kion to 49 euros - 'Outperform'

Bernstein maintains Kion's 'Outperform' rating - target 51 euros

Warburg Research maintains Kion's 'Buy' rating - target EUR 45

UBS maintains 'Buy' rating on Kion after figures - target 51 euros

Barclays lowers target for Kion to 46 euros - 'Overweight'

Deutsche Bank Research lowers target for Kion to 45 euros - 'Buy'

Bernstein lowers target for Kion to 51 euros - 'Outperform'

Deutsche Bank Research maintains Kion's 'Buy' rating - target 50 euros

Hauck Aufhäuser IB maintains Kion at 'Buy' - Target 63 euros

Baader Bank maintains Kion's 'Buy' rating - target EUR 48

JPMorgan lowers target for Kion to 42 euros - 'Overweight'

Barclays upgrades Kion to 'Overweight' - target raised to 52 euros

Jefferies raises target for Kion to 54 euros - 'Buy'

Berenberg maintains Kion's 'Hold' rating - target 41 euros

Warburg Research raises target for Kion to 52 euros - 'Buy'

Bernstein raises target for Kion to 53 euros - 'Outperform'

Hauck Aufhäuser IB maintains Kion at 'Buy' - Target 63 euros

JPMorgan maintains Kion's 'Overweight' rating - target EUR 43

JPMorgan raises target for Kion to 43 euros - 'Overweight'

Deutsche Bank Research maintains Kion's 'Buy' rating - target 50 euros

UBS raises target for Kion to 51 euros - 'Buy'

Bernstein maintains Kion's 'Outperform' rating - target 50 euros

Jefferies maintains Kion's 'Buy' rating - target 51 euros

Jefferies maintains Kion's 'Buy' rating - target 51 euros

Berenberg maintains Kion's 'Hold' rating - target 41 euros

Bernstein lowers target for Kion to 50 euros - 'Outperform'

Warburg Research lowers target for Kion to 48 euros - 'Buy'

Hauck Aufhäuser IB maintains Kion at 'Buy' - Target 63 euros

JPMorgan lowers target for Kion to 42 euros - 'Overweight'

Baader Bank maintains Kion's 'Buy' rating - target EUR 48

JPMorgan maintains Kion's 'Overweight' rating - target EUR 43

Jefferies maintains Kion's 'Buy' rating - target 51 euros

JPMorgan maintains Kion's 'Overweight' rating - target EUR 43

Hauck Aufhäuser IB maintains Kion at 'Buy' - Target 63 euros

Bernstein maintains Kion's 'Outperform' rating - target 53 euros

JPMorgan lowers target for Kion to 43 euros - 'Overweight'

Barclays maintains Kion at 'Equal Weight' - target 38 euros

Berenberg maintains Kion's 'Hold' rating - target 41 euros

UBS maintains Kion's 'Buy' rating - target EUR 45

Deutsche Bank Research lowers target for Kion to 50 euros - 'Buy'

Berenberg lowers target for Kion to 41 euros - 'Hold'

Baader Bank lowers target for Kion to 48 euros - 'Buy'

Warburg Research lowers target for Kion to 58 euros - 'Buy'