Investing

Kone shares target upped as service growth offsets China challenges - Deutsche

On Tuesday, Deutsche Bank (ETR:DBKGn) updated its financial outlook for Kone OYJ (KNEBV:FH) (OTC: KNYJY) shares, raising the price target to €52.00 from €45.00, while keeping a Hold rating on the ...
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 ...
Investing

Kone shares target cut on China market concerns

On Thursday, Deutsche Bank (ETR:DBKGn) adjusted its stock price target for Kone OYJ (KNEBV:FH) (OTC: KNYJY), a global leader in the elevator and escalator industry, to EUR 46.00, down from EUR 47.00, ...

$24 billion deal to create world’s largest elevator company

The move by Finland’s Kone to buy German rival TK Elevator is further proof that 2026 is shaping up to be a bumper year for ...
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 ...