Jungheinrich (ETR:JUN3) received a €27.00 ($30.34) price objective from research analysts at Warburg Research in a research report issued to clients and investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Warburg Research’s target price indicates a potential upside of 34.33% from the stock’s current price.
Other research analysts have also recently issued research reports about the company. Hauck & Aufhaeuser set a €22.00 ($24.72) price target on Jungheinrich and gave the company a “buy” rating in a report on Wednesday, May 13th. Berenberg Bank set a €18.00 ($20.22) price target on Jungheinrich and gave the company a “neutral” rating in a report on Tuesday, May 5th. Kepler Capital Markets set a €12.00 ($13.48) target price on shares of Jungheinrich and gave the company a “neutral” rating in a research note on Tuesday, May 26th. Deutsche Bank set a €16.50 ($18.54) target price on shares of Jungheinrich and gave the company a “buy” rating in a research note on Thursday, April 9th. Finally, HSBC set a €21.00 ($23.60) target price on shares of Jungheinrich and gave the company a “buy” rating in a research note on Tuesday, May 12th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company. Jungheinrich presently has a consensus rating of “Hold” and an average target price of €22.05 ($24.77).
ETR JUN3 opened at €20.10 ($22.58) on Tuesday. The stock has a market capitalization of $996.48 million and a P/E ratio of 12.59. Jungheinrich has a 1 year low of €10.06 ($11.30) and a 1 year high of €28.22 ($31.71). The business’s fifty day moving average is €17.81 and its two-hundred day moving average is €18.03. The company has a debt-to-equity ratio of 168.63, a quick ratio of 1.12 and a current ratio of 1.52.
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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