Jungheinrich (ETR:JUN3) received a €38.50 ($47.53) target price from equities research analysts at Citigroup in a research report issued to clients and investors on Friday. The brokerage presently has a “neutral” rating on the stock. Citigroup’s price objective indicates a potential upside of 9.56% from the company’s previous close.
A number of other brokerages also recently commented on JUN3. DZ Bank restated a “neutral” rating on shares of Jungheinrich in a research note on Tuesday, February 27th. Deutsche Bank restated a “neutral” rating on shares of Jungheinrich in a research note on Wednesday, February 28th. Kepler Capital Markets set a €33.00 ($40.74) target price on shares of Jungheinrich and gave the stock a “neutral” rating in a research note on Thursday, February 22nd. Nord/LB set a €37.50 ($46.30) target price on shares of Jungheinrich and gave the stock a “neutral” rating in a research note on Thursday, December 28th. Finally, Commerzbank set a €37.00 ($45.68) target price on shares of Jungheinrich and gave the stock a “neutral” rating in a research note on Tuesday, February 13th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of €36.70 ($45.31).
Jungheinrich stock opened at €35.14 ($43.38) on Friday. Jungheinrich has a 1-year low of €28.33 ($34.98) and a 1-year high of €42.94 ($53.01).
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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.
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