Baader Bank set a €31.00 ($36.47) target price on Jungheinrich AG (ETR:JUN3) in a research note released on Thursday. The brokerage currently has a neutral rating on the stock.
Several other equities research analysts also recently commented on JUN3. DZ Bank AG reiterated a buy rating on shares of Jungheinrich AG in a report on Saturday, May 20th. Deutsche Bank AG set a €31.00 ($36.47) target price on Jungheinrich AG and gave the company a neutral rating in a report on Saturday, May 20th. Warburg Research set a €34.00 ($40.00) target price on Jungheinrich AG and gave the company a neutral rating in a report on Tuesday, May 23rd. Citigroup Inc. set a €33.50 ($39.41) target price on Jungheinrich AG and gave the company a neutral rating in a report on Wednesday, June 28th. Finally, Commerzbank Ag set a €31.00 ($36.47) target price on Jungheinrich AG and gave the company a neutral rating in a report on Wednesday, June 28th. Seven investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and an average price target of €33.30 ($39.18).
Jungheinrich AG (ETR JUN3) opened at 33.43 on Thursday. The company has a 50-day moving average price of €33.56 and a 200-day moving average price of €31.29. Jungheinrich AG has a one year low of €24.34 and a one year high of €35.50. The firm has a market capitalization of €3.41 billion and a P/E ratio of 20.79.
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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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