Shares of JOST Werke AG (ETR:JST) have been assigned a consensus rating of “Buy” from the six ratings firms that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is €47.17 ($54.84).
Several equities analysts have recently weighed in on JST shares. Warburg Research set a €47.00 ($54.65) price objective on shares of JOST Werke and gave the company a “buy” rating in a research report on Monday. Hauck & Aufhaeuser set a €56.00 ($65.12) price target on shares of JOST Werke and gave the company a “buy” rating in a research note on Wednesday, March 27th. Deutsche Bank set a €41.00 ($47.67) price target on shares of JOST Werke and gave the company a “buy” rating in a research note on Friday, February 15th. Finally, JPMorgan Chase & Co. set a €39.00 ($45.35) price target on shares of JOST Werke and gave the company a “neutral” rating in a research note on Monday, January 7th.
ETR JST traded up €0.95 ($1.10) on Wednesday, hitting €35.25 ($40.99). 30,741 shares of the stock were exchanged, compared to its average volume of 35,469. The company has a current ratio of 2.43, a quick ratio of 1.51 and a debt-to-equity ratio of 60.25. JOST Werke has a 52 week low of €25.00 ($29.07) and a 52 week high of €39.15 ($45.52). The firm has a market capitalization of $525.23 million and a P/E ratio of 9.83.
JOST Werke Company Profile
JOST Werke AG manufactures and supplies safety-critical systems for the truck and trailer industry. The company offers truck and trailer components, including sensor systems and lubrication solutions, fifth wheel couplings and mounting plates, dual-height fifth wheel systems, sliders, kingpins, ball bearing turntables and slewing rings, landing gears, and hubodometers and axle caps; axle systems and its spare parts; and container equipment, such as components for intermodal transports, twist locks, bolsters, lifting frames for swap bodies, airbag lifting devices, and spare wheel holders.
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