Jungheinrich (ETR:JUN3) Given a €26.00 Price Target at Deutsche Bank

Deutsche Bank set a €26.00 ($30.23) price objective on Jungheinrich (ETR:JUN3) in a research note released on Monday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Several other research firms have also issued reports on JUN3. Bank of America set a €19.50 ($22.67) price target on shares of Jungheinrich and gave the company a sell rating in a research report on Thursday, October 10th. Kepler Capital Markets set a €19.00 ($22.09) target price on shares of Jungheinrich and gave the stock a neutral rating in a report on Monday, December 9th. HSBC set a €24.00 ($27.91) target price on shares of Jungheinrich and gave the stock a neutral rating in a report on Tuesday, November 26th. Baader Bank set a €23.00 ($26.74) target price on shares of Jungheinrich and gave the stock a neutral rating in a report on Monday, December 30th. Finally, Morgan Stanley set a €25.00 ($29.07) target price on shares of Jungheinrich and gave the stock a buy rating in a report on Tuesday, January 14th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of €24.64 ($28.65).

ETR JUN3 opened at €20.34 ($23.65) on Monday. The company has a 50-day simple moving average of €22.22 and a two-hundred day simple moving average of €21.86. The company has a quick ratio of 0.95, a current ratio of 1.45 and a debt-to-equity ratio of 171.74. Jungheinrich has a 12-month low of €17.50 ($20.35) and a 12-month high of €32.32 ($37.58). The firm has a market cap of $976.32 million and a price-to-earnings ratio of 11.39.

Jungheinrich Company Profile

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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