HSBC set a €24.00 ($27.91) price target on Jungheinrich (ETR:JUN3) in a report issued on Tuesday, November 26th, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
JUN3 has been the topic of a number of other research reports. Kepler Capital Markets set a €19.00 ($22.09) price objective on shares of Jungheinrich and gave the stock a neutral rating in a research report on Thursday, November 7th. Berenberg Bank set a €22.00 ($25.58) price objective on Jungheinrich and gave the company a neutral rating in a research report on Monday, November 25th. Deutsche Bank set a €22.00 ($25.58) price target on Jungheinrich and gave the company a neutral rating in a research note on Wednesday, October 23rd. Baader Bank set a €23.00 ($26.74) price objective on shares of Jungheinrich and gave the stock a neutral rating in a research report on Thursday, November 7th. Finally, Morgan Stanley set a €26.00 ($30.23) price target on shares of Jungheinrich and gave the company a buy rating in a research note on Tuesday, October 8th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company’s stock. Jungheinrich currently has an average rating of Hold and an average price target of €24.77 ($28.81).
Shares of ETR:JUN3 traded up €0.02 ($0.02) during trading on Tuesday, hitting €21.62 ($25.14). 727,455 shares of the company’s stock traded hands, compared to its average volume of 126,014. The company has a 50-day moving average price of €23.37 and a 200-day moving average price of €22.65. Jungheinrich has a 52 week low of €17.50 ($20.35) and a 52 week high of €32.32 ($37.58). The company has a market cap of $1.04 billion and a price-to-earnings ratio of 12.11. The company has a current ratio of 1.45, a quick ratio of 0.95 and a debt-to-equity ratio of 171.74.
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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