Jungheinrich (ETR:JUN3) has been given a €25.00 ($29.07) price target by analysts at Morgan Stanley in a research note issued to investors on Monday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Morgan Stanley’s target price would indicate a potential upside of 14.26% from the stock’s current price.
A number of other analysts have also weighed in on the company. Deutsche Bank set a €20.00 ($23.26) price objective on Jungheinrich and gave the stock a “neutral” rating in a research report on Thursday, December 19th. Baader Bank set a €23.00 ($26.74) target price on Jungheinrich and gave the company a “neutral” rating in a report on Wednesday, December 18th. HSBC set a €24.00 ($27.91) target price on Jungheinrich and gave the company a “neutral” rating in a report on Tuesday, November 26th. Kepler Capital Markets set a €19.00 ($22.09) target price on Jungheinrich and gave the stock a “neutral” rating in a research note on Monday, December 9th. Finally, Hauck & Aufhaeuser set a €19.00 ($22.09) price target on Jungheinrich and gave the stock a “neutral” rating in a report on Thursday, December 19th. 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 company. Jungheinrich has a consensus rating of “Hold” and a consensus target price of €24.50 ($28.49).
Jungheinrich stock opened at €21.88 ($25.44) on Monday. The company has a quick ratio of 0.95, a current ratio of 1.45 and a debt-to-equity ratio of 171.74. Jungheinrich has a 52-week low of €17.50 ($20.35) and a 52-week high of €32.32 ($37.58). The firm has a market cap of $1.05 billion and a PE ratio of 12.26. The company’s 50 day moving average is €23.28 and its two-hundred day moving average is €22.58.
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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