How The KONE (HLSE:KNEBV) Investment Story Is Shifting As Analyst Views Diverge

KONE Oyj’s analyst fair value has been trimmed slightly to €61.67 from €61.80, a move of less than 1% that reflects only a very small adjustment in expectations. This muted shift lines up with a split ...
Fabbaloo

Kone’s Acquisition of TK Elevator: Private Equity Cashes Out as 3D Printing Gets a Lift

Charles R. Goulding and Preeti Sulibhavi explain how Kone’s blockbuster acquisition of TK Elevator delivers a major private ...
Investing

BofA raises Kone price target on service strength despite new build challenges

BofA Securities raised its price target on Kone OYJ (KNEBV:FH) (OTC:KNYJY) to EUR63.00 from EUR61.00 on Thursday, while maintaining a Buy rating on the Finnish elevator and escalator manufacturer. The ...
Axios on MSN

Kone buying TK Elevator in lift mega-merger

Kone, a Finnish elevator and escalator maker, has agreed to buy Germany's TK Elevator for €29.4 billion from Advent International and Cinven. Why it matters: This creates the world's largest lift ...
Investing

Jefferies cuts Kone stock rating to Hold, keeps EUR53.00 target

Additionally, the analysts noted that there is limited potential for the stock to exceed their price target. Kone, known for its escalators and elevators, has been facing challenges in the market, ...
Business Wire

KONE Acquires Sacramento-Based Capitol Elevator

LISLE, Ill.--(BUSINESS WIRE)--KONE, a global leader in the elevator and escalator industry, has acquired Capitol Elevator, a Sacramento, California-based elevator service business. This strategic ...
The Hindu

Kone India to start making escalators at Sriperumbudur unit

Kone Elevator India will start manufacturing escalators in India from the first half of 2024 as part of its expansion programme, said a top official. “Right now, the pilot is going on at Sriperumbudur ...