Warburg Research set a €39.00 ($45.88) price target on Jungheinrich AG (ETR:JUN3) in a report published on Wednesday. The firm currently has a neutral rating on the stock.
Other research analysts also recently issued reports about the company. Jefferies Group LLC set a €37.00 ($43.53) price objective on Jungheinrich AG and gave the stock a buy rating in a report on Thursday, June 29th. Hauck & Aufhaeuser set a €36.00 ($42.35) price objective on Jungheinrich AG and gave the stock a buy rating in a report on Thursday, June 29th. Nord/LB set a €37.50 ($44.12) price objective on Jungheinrich AG and gave the stock a buy rating in a report on Wednesday, June 28th. DZ Bank AG restated a buy rating on shares of Jungheinrich AG in a report on Wednesday, August 16th. Finally, HSBC Holdings plc set a €32.00 ($37.65) price objective on Jungheinrich AG and gave the stock a neutral rating in a report on Wednesday, August 2nd. Eight investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Jungheinrich AG has a consensus rating of Hold and an average target price of €34.80 ($40.94).
Jungheinrich AG (ETR JUN3) traded down 3.82% during midday trading on Wednesday, hitting €38.95. The company had a trading volume of 1,504 shares. The company has a market capitalization of €3.97 billion and a P/E ratio of 23.94. Jungheinrich AG has a 52 week low of €24.34 and a 52 week high of €40.50. The stock has a 50 day moving average price of €37.37 and a 200 day moving average price of €33.97.
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Jungheinrich AG Company Profile
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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