Shares of Jungheinrich AG (ETR:JUN3) have earned an average rating of “Hold” from the eleven analysts that are currently covering the stock, Marketbeat reports. Six analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is €34.50 ($41.07).
JUN3 has been the topic of several analyst reports. Deutsche Bank AG set a €31.00 ($36.90) target price on Jungheinrich AG and gave the company a “neutral” rating in a report on Monday, May 29th. Nord/LB set a €37.50 ($44.64) target price on Jungheinrich AG and gave the company a “buy” rating in a report on Wednesday, June 28th. Jefferies Group LLC set a €37.00 ($44.05) target price on Jungheinrich AG and gave the company a “buy” rating in a report on Thursday, June 29th. Kepler Capital Markets set a €29.00 ($34.52) target price on Jungheinrich AG and gave the company a “neutral” rating in a report on Wednesday, June 28th. Finally, HSBC Holdings plc set a €32.00 ($38.10) target price on Jungheinrich AG and gave the company a “neutral” rating in a report on Friday, June 30th.
Shares of Jungheinrich AG (ETR:JUN3) opened at 39.179 on Wednesday. The firm has a market capitalization of €4.00 billion and a P/E ratio of 24.081. Jungheinrich AG has a 12 month low of €24.34 and a 12 month high of €39.41. The company has a 50 day moving average of €35.14 and a 200-day moving average of €32.84.
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About Jungheinrich AG
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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