Nord/LB set a €37.50 ($44.64) price objective on Jungheinrich (ETR:JUN3) in a research note published on Friday, December 22nd. The brokerage currently has a neutral rating on the stock.
A number of other research firms also recently issued reports on JUN3. Warburg Research set a €39.00 ($46.43) price objective on Jungheinrich and gave the stock a neutral rating in a research note on Friday, October 20th. Baader Bank set a €34.00 ($40.48) target price on Jungheinrich and gave the stock a sell rating in a report on Friday, October 6th. set a €35.00 ($41.67) target price on Jungheinrich and gave the stock a neutral rating in a report on Friday, September 15th. 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. Finally, DZ Bank reiterated a neutral rating on shares of Jungheinrich in a report on Tuesday, September 26th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and one has assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of €36.30 ($43.21).
Jungheinrich (ETR:JUN3) traded up €0.96 ($1.14) during trading hours on Friday, 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 1-year low of €25.82 ($30.74) and a 1-year high of €41.60 ($49.52). The company has a market cap of $1,980.00 and a P/E ratio of 25.68.
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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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