Jungheinrich AG (JUN3) Given Consensus Rating of “Hold” by Brokerages
Shares of Jungheinrich AG (ETR:JUN3) have earned a consensus recommendation of “Hold” from the twelve ratings firms that are covering the company, Marketbeat.com reports. Seven investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is €34.86 ($40.54).
A number of equities analysts recently weighed in on JUN3 shares. Baader Bank set a €33.00 ($38.37) price target on shares of Jungheinrich and gave the stock a “neutral” rating in a research report on Tuesday, November 6th. Commerzbank set a €35.00 ($40.70) price target on shares of Jungheinrich and gave the stock a “buy” rating in a research report on Tuesday, November 6th. Citigroup set a €33.00 ($38.37) price target on shares of Jungheinrich and gave the stock a “neutral” rating in a research report on Thursday, September 27th. Hauck & Aufhaeuser set a €36.00 ($41.86) target price on shares of Jungheinrich and gave the company a “buy” rating in a report on Thursday, November 1st. Finally, Kepler Capital Markets set a €31.00 ($36.05) target price on shares of Jungheinrich and gave the company a “neutral” rating in a report on Tuesday, November 6th.
JUN3 traded down €1.26 ($1.47) on Monday, reaching €28.02 ($32.58). 86,470 shares of the company’s stock were exchanged, compared to its average volume of 126,014. Jungheinrich has a twelve month low of €28.33 ($32.94) and a twelve month high of €42.94 ($49.93).
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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