Jungheinrich (JUN3) Given a €33.00 Price Target at HSBC

HSBC set a €33.00 ($38.37) price target on Jungheinrich (ETR:JUN3) in a research report sent to investors on Wednesday morning. The brokerage currently has a neutral rating on the stock.

A number of other equities analysts have also recently weighed in on the company. Deutsche Bank set a €28.00 ($32.56) price objective on Jungheinrich and gave the company a neutral rating in a report on Friday, October 26th. Commerzbank set a €35.00 ($40.70) price objective on Jungheinrich and gave the company a buy rating in a report on Wednesday, October 17th. Hauck & Aufhaeuser set a €36.00 ($41.86) price objective on Jungheinrich and gave the company a buy rating in a report on Wednesday, October 10th. Baader Bank set a €33.00 ($38.37) price objective on Jungheinrich and gave the company a neutral rating in a report on Thursday, August 9th. Finally, Citigroup set a €33.00 ($38.37) price objective on Jungheinrich and gave the company a neutral rating in a report on Thursday, September 27th. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Jungheinrich presently has a consensus rating of Hold and an average price target of €34.86 ($40.54).

JUN3 stock opened at €27.50 ($31.98) on Wednesday. Jungheinrich has a 12 month low of €28.33 ($32.94) and a 12 month high of €42.94 ($49.93).

About Jungheinrich

Jungheinrich Aktiengesellschaft, through its subsidiaries, manufactures and supplies products in the fields of forklift trucks, and warehousing and material flow technology. The company's Intralogistics segment develops, produces, sells, and rents new material handling equipment and warehousing technology products; sale and short-term leasing of new and used equipment; and provides spare parts, as well as maintenance and repair services.

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