Jungheinrich (ETR:JUN3) PT Set at €26.00 by Morgan Stanley

Morgan Stanley set a €26.00 ($30.23) price objective on Jungheinrich (ETR:JUN3) in a research report report published on Thursday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other brokerages have also recently commented on JUN3. HSBC set a €21.00 ($24.42) target price on Jungheinrich and gave the company a neutral rating in a report on Thursday, September 5th. Berenberg Bank set a €30.00 ($34.88) target price on Jungheinrich and gave the company a neutral rating in a report on Thursday, June 13th. Warburg Research set a €34.00 ($39.53) target price on Jungheinrich and gave the company a buy rating in a report on Thursday, August 8th. Deutsche Bank set a €22.00 ($25.58) price target on Jungheinrich and gave the company a neutral rating in a report on Friday, August 9th. Finally, Pareto Securities set a €30.00 ($34.88) price target on Jungheinrich and gave the company a buy rating in a report on Tuesday, July 23rd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the stock. The company has an average rating of Hold and an average target price of €27.38 ($31.84).

Shares of Jungheinrich stock opened at €22.72 ($26.42) on Thursday. The business has a 50 day simple moving average of €19.95 and a two-hundred day simple moving average of €25.68. Jungheinrich has a 12 month low of €17.50 ($20.35) and a 12 month high of €33.50 ($38.95). The stock has a market capitalization of $1.09 billion and a P/E ratio of 12.97. The company has a debt-to-equity ratio of 171.74, a current ratio of 1.45 and a quick ratio of 0.95.

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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Analyst Recommendations for Jungheinrich (ETR:JUN3)

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