Nord/LB Reiterates “€37.50” Price Target for Jungheinrich (ETR:JUN3)

Jungheinrich (ETR:JUN3) has been given a €37.50 ($44.64) price target by equities research analysts at Nord/LB in a research note issued on Thursday, December 28th. The firm presently has a “neutral” rating on the stock. Nord/LB’s target price indicates a potential downside of 9.86% from the stock’s current price.

Several other equities research analysts also recently commented on JUN3. Deutsche Bank set a €36.00 ($42.86) target price on Jungheinrich and gave the stock a “neutral” rating in a report on Wednesday, November 8th. Warburg Research set a €39.00 ($46.43) target price on Jungheinrich and gave the stock a “neutral” rating in a report on Wednesday, October 4th. Kepler Capital Markets set a €33.00 ($39.29) target price on Jungheinrich and gave the stock a “neutral” rating in a report on Wednesday, November 8th. Commerzbank set a €37.00 ($44.05) price target on Jungheinrich and gave the company a “neutral” rating in a report on Thursday, October 26th. Finally, Baader Bank set a €34.00 ($40.48) price target on Jungheinrich and gave the company a “sell” rating in a report on Friday, October 6th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of €36.30 ($43.21).

Jungheinrich (ETR JUN3) traded up €0.96 ($1.14) during trading on Thursday, reaching €41.60 ($49.52). The company’s stock had a trading volume of 98,383 shares, compared to its average volume of 94,739. Jungheinrich has a twelve month low of €25.82 ($30.74) and a twelve month high of €41.60 ($49.52). The company has a market capitalization of $1,980.00 and a P/E ratio of 25.68.

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Jungheinrich Company Profile

Jungheinrich Aktiengesellschaft, through its subsidiaries, manufactures and supplies products for the material handling equipment, warehousing technology, and material flow engineering sectors. The company’s 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.

Analyst Recommendations for Jungheinrich (ETR:JUN3)

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