Bernstein cuts target for KION stock to EUR 56.00
Published on 10/13/2026 at 13:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Bernstein Research kept an Outperform rating on October 5, 2026 and cut its KION target from EUR 58.00 to EUR 56.00.
- The target is 62.98 percent above KION's EUR 34.36 price.
- KION stock was at EUR 34.36 at Lang & Schwarz on October 13, 2026 at 1:00 p.m. CEST, up 1.51 percent versus the Xetra close of October 12, 2026.
- KION has a P/E ratio of 11.64 and a market capitalization of EUR 4.5 billion.
Bernstein Research cut its KION target from EUR 58.00 to EUR 56.00 on October 5, 2026, while keeping its Outperform rating, according to finanzen.at. The revised target lies 62.98 percent above KION's EUR 34.36 price at Lang & Schwarz on October 13, 2026 at 1:00 p.m. CEST, which was up 1.51 percent versus the Xetra close of October 12, 2026 at EUR 33.85.
Target remains above the market
The target reduction still leaves a wide gap to the German stock's current euro price. Bernstein analyst Philippe Lorrain also lowered earnings forecasts for 2026 and 2027, while the firm retained its Outperform view, FinanzNachrichten reported on October 5, 2026.
Stock stays near its yearly low
KION's 52-week range is EUR 32.70 to EUR 70.45 as of October 13, 2026. The Lang & Schwarz price is 5.08 percent above the 52-week low and 51.23 percent below the high, putting the stock much closer to the lower boundary than the upper one.
The stock's market capitalization is EUR 4.5 billion as of October 13, 2026. Its P/E ratio is 11.64 and its dividend yield is 2.00 percent, giving the valuation paragraph a clear earnings and income reference.
Comparison with peers
KION (Xetra, EUR): plus 1.51 percent, P/E 11.64, market capitalization EUR 4.5 billion
Siemens (Xetra, EUR): plus 0.44 percent, P/E 27.37, market capitalization EUR 211.1 billion
Volkswagen (Xetra, EUR): plus 0.32 percent, P/E 6.57, market capitalization EUR 34.4 billion
Next results date is October 29
MarketScreener lists October 29, 2026 as the next KION results date. That event is the next scheduled checkpoint for whether the company can close the gap between the current price and the analyst target.
Price remains above the Xetra close
KION was trading at EUR 34.36 at Lang & Schwarz on October 13, 2026 at 1:00 p.m. CEST, up 1.51 percent versus the Xetra close of October 12, 2026 at EUR 33.85. The bid was EUR 34.28 and the ask was EUR 34.44 at the same time. The further course of trading is shown by the continuously updated real-time quote of KION stock.
KION stock at a glance
- Company: KION GROUP AG
- ISIN: DE000KGX8881
- WKN: KGX888
- Ticker: KGX
- Primary exchange: Xetra
- Price Lang & Schwarz (as of October 13, 2026, 1:00 p.m. CEST): EUR 34.36
- Change versus Xetra close: plus 1.51 percent
- Xetra close (October 12, 2026): EUR 33.85
- Market capitalization: EUR 4.5 billion (as of October 13, 2026)
- 52-week range: EUR 32.70-EUR 70.45 (as of October 13, 2026)
- Sector / Industry: Industrials / Industrial Machinery
- Index membership: MDAX
- Next earnings date: October 29, 2026
Market context: Market report DAX.
