Jungheinrich AG (JUN3) PT Set at €31.00 by Baader Bank
Jungheinrich AG (ETR:JUN3) has been assigned a €31.00 ($36.47) price target by analysts at Baader Bank in a research report issued to clients and investors on Wednesday. The firm currently has a “neutral” rating on the stock.
Several other equities analysts also recently issued reports on the stock. DZ Bank AG reissued a “buy” rating on shares of Jungheinrich AG in a report on Saturday, May 20th. Nord/LB set a €37.50 ($44.12) price target on shares of Jungheinrich AG and gave the company a “buy” rating in a report on Wednesday, June 28th. HSBC Holdings plc set a €32.00 ($37.65) price target on shares of Jungheinrich AG and gave the company a “neutral” rating in a report on Friday, June 30th. Deutsche Bank AG set a €31.00 ($36.47) price target on shares of Jungheinrich AG and gave the company a “neutral” rating in a report on Monday, May 29th. Finally, Jefferies Group LLC set a €37.00 ($43.53) price target on shares of Jungheinrich AG and gave the company a “buy” rating in a report on Thursday, June 29th. Seven investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Jungheinrich AG has a consensus rating of “Hold” and a consensus price target of €33.30 ($39.18).
Shares of Jungheinrich AG (ETR:JUN3) opened at 34.085 on Wednesday. The firm has a 50 day moving average of €33.64 and a 200 day moving average of €31.52. Jungheinrich AG has a 52 week low of €24.34 and a 52 week high of €35.50. The firm has a market cap of €3.48 billion and a price-to-earnings ratio of 21.197.
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About Jungheinrich AG
Jungheinrich AG is a Germany-based holding company engaged in material handling equipment, warehousing and material flow engineering sectors, as well as in warehousing technology. The Intralogistics segment encompasses the development, production, sale and short-term hire of new material handling equipment and warehousing technology products including logistics systems as well as the sale and short-term hire of used equipment and after-sales services, consisting of maintenance, repair and spare parts.
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