KION: High Conviction For Significant Returns, But Lower Price Target With Tariffs

2025-03-05 22:30:52 ET

Summary

• I have high conviction in KION for significant returns, holding shares bought below €34 despite recent market doldrums.
• Recent FY results show recovery, but not yet at my target levels; I won't sell my stake now that we're below €40/share.
• KIGRY is a "BUY" with a price target of €76/share, updated for 2025E and going into 2027E.

Dear readers/followers,

KION ( OTCPK:KIGRY ) has been one of those industrial investments that I have a high conviction it will eventually get up/reach a significant return from my entry - which is below €34/share on average - and back to return to the triple digits. Otherwise, it's unlikely that I would hold on to the company shares as I am at this time during the "doldrums" we've been going through the past year or so.

Even with FY results, which were reported less than a week ago at the time of writing this article, we have a recovery only to a level that we've seen before, and where I last time around didn't sell my stake in KION. Nor will I do so at this time....

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