Morgan Stanley set a €25.00 ($29.07) price objective on Jungheinrich (ETR:JUN3) in a research note published on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
JUN3 has been the subject of several other research reports. Deutsche Bank set a €20.00 ($23.26) target price on Jungheinrich and gave the stock a neutral rating in a research note on Monday, January 6th. Warburg Research set a €34.00 ($39.53) target price on Jungheinrich and gave the stock a buy rating in a research note on Thursday, November 7th. HSBC set a €24.00 ($27.91) target price on Jungheinrich and gave the stock a neutral rating in a research note on Tuesday, November 26th. Berenberg Bank set a €22.00 ($25.58) target price on Jungheinrich and gave the stock a neutral rating in a research note on Monday, November 25th. Finally, Baader Bank set a €23.00 ($26.74) target price on Jungheinrich and gave the stock a neutral rating in a research note on Monday, December 30th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. Jungheinrich currently has a consensus rating of Hold and an average price target of €24.50 ($28.49).
Shares of JUN3 opened at €21.32 ($24.79) on Tuesday. The stock has a 50-day simple moving average of €22.46 and a 200-day simple moving average of €22.02. The company has a debt-to-equity ratio of 171.74, a quick ratio of 0.95 and a current ratio of 1.45. The stock has a market capitalization of $1.02 billion and a PE ratio of 11.94. Jungheinrich has a 1 year low of €17.50 ($20.35) and a 1 year high of €32.32 ($37.58).
Jungheinrich Company Profile
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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