The financial analysts of the following institutions regularly publish reports on the KION Group share:

Institution Recommendation
Baader Helvea Buy
Bankhaus Lampe Sell
Bankhaus Metzler Hold
Berenberg Bank Buy
BoA Merrill Lynch Buy
Citigroup Neutral
Commerzbank Buy
DZ Bank Buy
Deutsche Bank Hold
Goldman Sachs Sell
HSBC Buy
Hauck & Aufhäuser Buy
J.P. Morgan Cazenove Neutral
Kepler Cheuvreux Buy
LBBW Buy
MainFirst Bank Neutral
Morgan Stanley Equalweight
Morningstar Buy
Pareto Securities Hold
Société Générale Sell
UBS Buy
Warburg Research Buy
In addition to an estimate of our share price development, the above mentioned analysts publish detailed estimations on our financial data. You can find a consensus summary of these estimations regarding the target price of the share and our key financial figures below. The consensus is compiled by Vara Research, an independent company, and does not reflect the opinion of the KION Group.

An interactive and downloadable set of the consensus data for the KION Group can be found on the

Homepage of Vara Research

Last update: 2019-10-02

Sell-side research share price target
Euro Median Highest Lowest
Target price 56.50 90.00 39.00
Sell-side estimates for the full year Y 2018
Euro million Median Highest Lowest
Group Order Intake8,657
Group Revenue7,996
Group Adjusted EBITDA*1,555
Group Adjusted EBIT*790
Group Adjusted EBIT margin in %*9.9
Group Net income402
Group Earnings per share adjusted in Euro4.64
Group Dividend per share in Euro1.20
Segments Industrial Trucks & Services, Order Intake6,211
Segments Industrial Trucks & Services, Revenue5,922
Segments Industrial Trucks & Services, Adjusted EBIT655
Segments Industrial Trucks & Services, Adjusted EBIT Margin11.1
Segments Supply Chain Solutions, Order Intake2,425
Segments Supply Chain Solutions, Revenue2,055
Segments Supply Chain Solutions, Adjusted EBIT180
Segments Supply Chain Solutions, Adjusted EBIT Margin8.8
Sell-side estimates for the full year 2019 E
Euro million Median Highest Lowest
Group Order Intake8,4808,7668,306
Group Revenue8,5058,6718,180
Group Adjusted EBITDA*1,6351,6911,521
Group Adjusted EBIT*846879757
Group Adjusted EBIT margin in %*9.910.29.3
Group Net income451488391
Group Earnings per share adjusted in Euro4.715.014.35
Group Dividend per share in Euro1.331.501.02
Segments Industrial Trucks & Services, Order Intake6,2426,2886,050
Segments Industrial Trucks & Services, Revenue6,1946,3796,069
Segments Industrial Trucks & Services, Adjusted EBIT688723645
Segments Industrial Trucks & Services, Adjusted EBIT Margin11.111.310.5
Segments Supply Chain Solutions, Order Intake2,2802,4742,100
Segments Supply Chain Solutions, Revenue2,2982,4162,198
Segments Supply Chain Solutions, Adjusted EBIT217234200
Segments Supply Chain Solutions, Adjusted EBIT Margin9.410.09.0
Sell-side estimates for the full year 2020 E
Euro million Median Highest Lowest
Group Order Intake8,7089,0088,319
Group Revenue8,6239,0028,114
Group Adjusted EBITDA*1,6601,7871,549
Group Adjusted EBIT*853958727
Group Adjusted EBIT margin in %*9.910.68.8
Group Net income456520372
Group Earnings per share adjusted in Euro4.705.224.10
Group Dividend per share in Euro1.301.701.07
Segments Industrial Trucks & Services, Order Intake6,2226,4295,944
Segments Industrial Trucks & Services, Revenue6,2336,4215,979
Segments Industrial Trucks & Services, Adjusted EBIT692730596
Segments Industrial Trucks & Services, Adjusted EBIT Margin11.111.410.0
Segments Supply Chain Solutions, Order Intake2,4042,6472,226
Segments Supply Chain Solutions, Revenue2,3982,6002,260
Segments Supply Chain Solutions, Adjusted EBIT231260212
Segments Supply Chain Solutions, Adjusted EBIT Margin9.510.09.2
Sell-side estimates for the full year 2021 E
Euro million Median Highest Lowest
Group Order Intake9,1059,4588,569
Group Revenue9,0049,5688,232
Group Adjusted EBITDA*1,7221,9171,635
Group Adjusted EBIT*9151,087737
Group Adjusted EBIT margin in %*10.111.48.8
Group Net income498606404
Group Earnings per share adjusted in Euro5.005.924.09
Group Dividend per share in Euro1.452.021.00
Segments Industrial Trucks & Services, Order Intake6,4636,6556,097
Segments Industrial Trucks & Services, Revenue6,4236,6756,175
Segments Industrial Trucks & Services, Adjusted EBIT727769592
Segments Industrial Trucks & Services, Adjusted EBIT Margin11.211.69.6
Segments Supply Chain Solutions, Order Intake2,5862,8062,350
Segments Supply Chain Solutions, Revenue2,5692,8422,300
Segments Supply Chain Solutions, Adjusted EBIT246298219
Segments Supply Chain Solutions, Adjusted EBIT Margin9.810.59.0
* Adjusted for one-off items and purchase price allocation

Provided by

Vara Research

Disclaimer

The content shown above and on Vara Research's website is provided by Vara Research and does not serve the purpose of providing investment advisory. The consensus estimates are based exclusively on analyses by financial analysts who are independent of the KION Group. Any opinions, forecasts, estimates, projections or predictions regarding the performance of the KION Group made by the analysts, which are ultimately represented by the figures of the consensus estimates, only reflect their view and do not represent the opinions, forecasts, estimates, projections or predictions of the KION Group or its management.

The consensus is not controlled, changed or censored by the KION Group. the KION Group assumes no liability for the accuracy and completeness of these estimates and undertakes no obligation to update or revise such estimates and consensus data, even if they differ from the KION Group's own forecasts or expectations. the KION Group is neither involved in the collection of the data, nor in the preparation of the consensus. This is done independently by Vara Research.