Jungheinrich AG (ETR:JUN3) has been assigned an average recommendation of “Hold” from the twelve ratings firms that are currently covering the stock, Marketbeat.com reports. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is €31.82 ($37.00).
Several equities research analysts have recently commented on JUN3 shares. Hauck & Aufhaeuser set a €36.00 ($41.86) target price on shares of Jungheinrich and gave the stock a “buy” rating in a research report on Thursday, November 29th. HSBC set a €29.00 ($33.72) target price on shares of Jungheinrich and gave the stock a “neutral” rating in a research report on Monday, January 21st. Kepler Capital Markets set a €22.00 ($25.58) price target on shares of Jungheinrich and gave the stock a “neutral” rating in a report on Thursday, January 24th. Bank of America set a €26.00 ($30.23) price target on shares of Jungheinrich and gave the stock a “neutral” rating in a report on Tuesday, January 8th. Finally, Deutsche Bank set a €28.00 ($32.56) price target on shares of Jungheinrich and gave the stock a “neutral” rating in a report on Friday, February 1st.
ETR:JUN3 opened at €26.24 ($30.51) on Friday. The stock has a market cap of $2.68 billion and a PE ratio of 14.61. Jungheinrich has a one year low of €21.46 ($24.95) and a one year high of €38.14 ($44.35).
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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