Jungheinrich AG (JUN3) Given a €34.00 Price Target at Baader Bank
Jungheinrich AG (ETR:JUN3) has been assigned a €34.00 ($40.00) price objective by investment analysts at Baader Bank in a research note issued to investors on Friday. The brokerage currently has a “sell” rating on the stock.
Other equities analysts have also issued research reports about the stock. Commerzbank Ag set a €31.00 ($36.47) price objective on shares of Jungheinrich AG and gave the stock a “neutral” rating in a report on Tuesday, August 8th. Citigroup Inc. set a €33.50 ($39.41) price objective on shares of Jungheinrich AG and gave the stock a “neutral” rating in a report on Wednesday, June 28th. Kepler Capital Markets set a €29.00 ($34.12) price objective on shares of Jungheinrich AG and gave the stock a “neutral” rating in a report on Tuesday, August 8th. Jefferies Group LLC set a €37.00 ($43.53) price objective on shares of Jungheinrich AG and gave the stock a “buy” rating in a report on Wednesday, August 9th. Finally, DZ Bank AG reiterated a “buy” rating on shares of Jungheinrich AG in a report on Wednesday, August 16th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of €35.20 ($41.41).
Jungheinrich AG (JUN3) opened at 38.74 on Friday. The firm’s 50 day moving average price is €37.55 and its 200 day moving average price is €34.00. The stock has a market cap of €3.95 billion and a price-to-earnings ratio of 23.81. Jungheinrich AG has a one year low of €24.34 and a one year high of €40.50.
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 companys 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.
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