Jungheinrich (JUN3) Given a €37.50 Price Target at Nord/LB
Jungheinrich (ETR:JUN3) has been assigned a €37.50 ($46.30) price objective by research analysts at Nord/LB in a report released on Wednesday, January 3rd. The firm currently has a “neutral” rating on the stock. Nord/LB’s price objective would indicate a potential downside of 6.25% from the company’s current price.
Several other research firms have also recently issued reports on JUN3. set a €35.00 ($43.21) target price on Jungheinrich and gave the company a “neutral” rating in a research note on Monday, November 6th. Hauck & Aufhaeuser set a €37.00 ($45.68) target price on Jungheinrich and gave the company a “neutral” rating in a research note on Friday, October 6th. Deutsche Bank set a €35.00 ($43.21) target price on Jungheinrich and gave the company a “neutral” rating in a research note on Monday, October 23rd. Jefferies Group set a €41.00 ($50.62) target price on Jungheinrich and gave the company a “buy” rating in a research note on Thursday, November 9th. Finally, DZ Bank reissued a “neutral” rating on shares of Jungheinrich in a research note on Tuesday, September 26th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and one has given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of €36.30 ($44.81).
Shares of Jungheinrich (ETR JUN3) traded down €0.18 ($0.22) during trading on Wednesday, reaching €40.00 ($49.38). The company’s stock had a trading volume of 74,158 shares, compared to its average volume of 84,512. The stock has a market cap of $1,930.00 and a PE ratio of 24.69. Jungheinrich has a 1-year low of €27.15 ($33.52) and a 1-year high of €42.94 ($53.01).
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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