Hauck & Aufhaeuser Analysts Give Jungheinrich (JUN3) a €36.00 Price Target

Jungheinrich (ETR:JUN3) has been given a €36.00 ($41.86) price target by equities research analysts at Hauck & Aufhaeuser in a note issued to investors on Wednesday. The brokerage currently has a “buy” rating on the stock. Hauck & Aufhaeuser’s price target would indicate a potential upside of 28.85% from the stock’s current price.

JUN3 has been the topic of several other research reports. Kepler Capital Markets set a €22.00 ($25.58) target price on Jungheinrich and gave the stock a “neutral” rating in a research note on Thursday, January 24th. Bank of America set a €26.00 ($30.23) target price on Jungheinrich and gave the stock a “neutral” rating in a research note on Tuesday, January 8th. HSBC set a €33.00 ($38.37) target price on Jungheinrich and gave the stock a “neutral” rating in a research note on Wednesday, December 5th. Berenberg Bank set a €30.00 ($34.88) target price on Jungheinrich and gave the stock a “neutral” rating in a research note on Wednesday, January 30th. Finally, Deutsche Bank set a €28.00 ($32.56) price target on Jungheinrich and gave the stock a “neutral” rating in a report on Friday, February 1st. Seven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of €31.82 ($37.00).

JUN3 traded up €0.54 ($0.63) during mid-day trading on Wednesday, hitting €27.94 ($32.49). 166,120 shares of the stock were exchanged, compared to its average volume of 126,014. Jungheinrich has a 1-year low of €21.46 ($24.95) and a 1-year high of €38.14 ($44.35). The firm has a market cap of $2.85 billion and a price-to-earnings ratio of 15.56.

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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Analyst Recommendations for Jungheinrich (ETR:JUN3)

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