Jungheinrich AG (ETR:JUN3) has been assigned a €35.00 ($41.67) price target by stock analysts at HSBC Holdings plc in a research report issued to clients and investors on Friday. The brokerage presently has a “neutral” rating on the stock.

Other equities research analysts have also recently issued reports about the company. Jefferies Group LLC set a €37.00 ($44.05) price objective on Jungheinrich AG and gave the company a “buy” rating in a research note on Thursday, June 29th. Hauck & Aufhaeuser set a €36.00 ($42.86) price objective on Jungheinrich AG and gave the company a “buy” rating in a research note on Thursday, June 29th. Nord/LB set a €37.50 ($44.64) price objective on Jungheinrich AG and gave the company a “buy” rating in a research note on Wednesday, June 28th. DZ Bank AG reaffirmed a “buy” rating on shares of Jungheinrich AG in a research note on Saturday, May 20th. Finally, Warburg Research set a €39.00 ($46.43) price objective on Jungheinrich AG and gave the company a “buy” rating in a research note on Wednesday, August 9th. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of €34.80 ($41.43).

Shares of Jungheinrich AG (ETR JUN3) traded down 1.55% during midday trading on Friday, hitting €38.79. The company’s stock had a trading volume of 1,585 shares. The firm has a 50-day moving average of €35.52 and a 200 day moving average of €33.00. The firm has a market cap of €3.96 billion and a price-to-earnings ratio of 23.84. Jungheinrich AG has a 12-month low of €24.34 and a 12-month high of €39.41.

TRADEMARK VIOLATION WARNING: This piece was first published by American Banking News and is the property of of American Banking News. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international trademark and copyright legislation. The legal version of this piece can be accessed at https://www.americanbankingnews.com/2017/09/16/jungheinrich-ag-jun3-given-a-35-00-price-target-by-hsbc-holdings-plc-analysts.html.

Jungheinrich AG Company Profile

Jungheinrich Aktiengesellschaft, through its subsidiaries, manufactures and supplies products for the material handling equipment, warehousing technology, and material flow engineering sectors. The company’s Intralogistics segment develops, produces, and sells new trucks; rents new and used material handling equipment; reconditions and sells used equipment; and provides spare parts, as well as maintenance and repair services.

Analyst Recommendations for Jungheinrich AG (ETR:JUN3)

Receive News & Ratings for Jungheinrich AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jungheinrich AG and related companies with MarketBeat.com's FREE daily email newsletter.