JOST Werke (ETR:JST) has been assigned a €55.00 ($63.95) target price by Hauck & Aufhaeuser in a report issued on Wednesday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Hauck & Aufhaeuser’s target price would suggest a potential upside of 116.54% from the stock’s previous close.
Several other research firms have also issued reports on JST. JPMorgan Chase & Co. set a €39.00 ($45.35) price target on JOST Werke and gave the company a “neutral” rating in a research report on Wednesday, May 29th. Deutsche Bank set a €41.00 ($47.67) price target on JOST Werke and gave the company a “buy” rating in a research report on Wednesday, May 29th. Finally, Warburg Research set a €47.00 ($54.65) price target on JOST Werke and gave the company a “buy” rating in a research report on Wednesday, July 31st. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of €47.20 ($54.88).
Shares of JST traded down €0.80 ($0.93) during trading on Wednesday, reaching €25.40 ($29.53). The company’s stock had a trading volume of 19,284 shares, compared to its average volume of 35,469. The business’s fifty day moving average price is €29.25. JOST Werke has a twelve month low of €25.00 ($29.07) and a twelve month high of €39.05 ($45.41). The company has a market cap of $378.46 million and a P/E ratio of 6.80. The company has a debt-to-equity ratio of 57.30, a quick ratio of 1.54 and a current ratio of 2.53.
About JOST Werke
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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