Baader Bank Analysts Give Jungheinrich (ETR:JUN3) a €23.00 Price Target

Baader Bank set a €23.00 ($26.74) target price on Jungheinrich (ETR:JUN3) in a research note released on Friday, October 25th, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

JUN3 has been the topic of several other reports. Pareto Securities set a €30.00 ($34.88) price objective on Jungheinrich and gave the stock a buy rating in a report on Tuesday, July 23rd. HSBC set a €21.00 ($24.42) price objective on Jungheinrich and gave the stock a neutral rating in a report on Friday, September 27th. Jefferies Financial Group set a €34.00 ($39.53) price objective on Jungheinrich and gave the stock a buy rating in a report on Tuesday, July 23rd. Deutsche Bank set a €22.00 ($25.58) price objective on Jungheinrich and gave the stock a neutral rating in a report on Wednesday, October 23rd. Finally, Berenberg Bank set a €24.00 ($27.91) price objective on Jungheinrich and gave the stock a neutral rating in a report on Friday, September 13th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the stock. Jungheinrich presently has an average rating of Hold and an average price target of €25.14 ($29.23).

JUN3 stock traded down €0.86 ($1.00) during trading on Friday, hitting €23.62 ($27.47). The stock had a trading volume of 489,663 shares, compared to its average volume of 126,014. The company has a debt-to-equity ratio of 171.74, a current ratio of 1.45 and a quick ratio of 0.95. Jungheinrich has a twelve month low of €17.50 ($20.35) and a twelve month high of €32.32 ($37.58). The stock has a market capitalization of $1.16 billion and a P/E ratio of 13.48. The company’s 50-day moving average price is €21.40 and its two-hundred day moving average price is €23.80.

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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