Brokerages Set Jungheinrich AG (ETR:JUN3) Price Target at €22.05
Shares of Jungheinrich AG (ETR:JUN3) have received a consensus recommendation of “Hold” from the eleven brokerages that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is €22.05 ($24.77).
A number of equities analysts have commented on JUN3 shares. Berenberg Bank set a €18.00 ($20.22) price objective on Jungheinrich and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. Warburg Research set a €27.00 ($30.34) price objective on Jungheinrich and gave the stock a “buy” rating in a research note on Tuesday, June 30th. Deutsche Bank set a €16.50 ($18.54) price objective on Jungheinrich and gave the stock a “buy” rating in a research note on Thursday, April 9th. HSBC set a €21.00 ($23.60) price objective on Jungheinrich and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Finally, Hauck & Aufhaeuser set a €22.00 ($24.72) price target on Jungheinrich and gave the company a “buy” rating in a research note on Wednesday, May 13th.
Jungheinrich stock traded up €0.40 ($0.45) on Friday, reaching €21.06 ($23.66). The company’s stock had a trading volume of 38,018 shares, compared to its average volume of 126,014. The company has a debt-to-equity ratio of 168.63, a quick ratio of 1.12 and a current ratio of 1.52. The company has a market cap of $964.80 million and a price-to-earnings ratio of 12.53. The business’s fifty day moving average price is €18.76 and its 200 day moving average price is €17.88. Jungheinrich has a twelve month low of €10.06 ($11.30) and a twelve month high of €26.60 ($29.89).
Jungheinrich Aktiengesellschaft, through its subsidiaries, manufactures and supplies products in the fields of forklift trucks, and warehousing and material flow technology. The company's Intralogistics segment develops, produces, sells, and rents new material handling equipment and warehousing technology products; sale and short-term leasing of new and used equipment; and provides spare parts, as well as maintenance and repair services.
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