Jungheinrich AG (JUN3) Given Consensus Recommendation of “Hold” by Brokerages

Jungheinrich AG (ETR:JUN3) has been given a consensus rating of “Hold” by the eleven brokerages that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is €35.20 ($41.41).

Several research firms have recently weighed in on JUN3. Baader Bank set a €34.00 ($40.00) target price on Jungheinrich AG and gave the company a “sell” rating in a research report on Friday. Hauck & Aufhaeuser set a €37.00 ($43.53) target price on Jungheinrich AG and gave the company a “neutral” rating in a research report on Friday. Warburg Research set a €39.00 ($45.88) target price on Jungheinrich AG and gave the company a “neutral” rating in a research report on Wednesday. DZ Bank AG restated a “neutral” rating on shares of Jungheinrich AG in a research report on Tuesday, September 26th. Finally, HSBC Holdings plc set a €35.00 ($41.18) target price on Jungheinrich AG and gave the company a “neutral” rating in a research report on Friday, September 15th.

Shares of Jungheinrich AG (ETR JUN3) opened at 38.293 on Friday. The firm has a 50-day moving average price of €37.55 and a 200-day moving average price of €34.00. The company has a market cap of €3.91 billion and a P/E ratio of 23.536. Jungheinrich AG has a 1-year low of €24.34 and a 1-year high of €40.50.

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About Jungheinrich AG

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.

Analyst Recommendations for Jungheinrich AG (ETR:JUN3)

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