Bank of America Analysts Give Jungheinrich (JUN3) a €26.00 Price Target

Jungheinrich (ETR:JUN3) has been given a €26.00 ($30.23) price target by research analysts at Bank of America in a research note issued on Thursday, April 4th, Borsen Zeitung reports. The brokerage currently has a “sell” rating on the stock. Bank of America‘s price target indicates a potential downside of 17.14% from the company’s current price.

JUN3 has been the subject of several other research reports. Jefferies Financial Group set a €34.00 ($39.53) target price on shares of Jungheinrich and gave the stock a “buy” rating in a research note on Thursday, March 21st. Hauck & Aufhaeuser set a €36.00 ($41.86) target price on shares of Jungheinrich and gave the stock a “buy” rating in a research note on Thursday, March 7th. Kepler Capital Markets set a €22.00 ($25.58) target price on shares of Jungheinrich and gave the stock a “neutral” rating in a research note on Thursday, January 24th. HSBC set a €33.00 ($38.37) target price on shares of Jungheinrich and gave the stock a “neutral” rating in a research note on Wednesday, December 5th. Finally, Berenberg Bank set a €30.00 ($34.88) target price on shares of Jungheinrich and gave the stock a “neutral” rating in a research note on Wednesday, January 30th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company’s stock. Jungheinrich currently has an average rating of “Hold” and a consensus target price of €31.64 ($36.79).

ETR JUN3 traded up €0.10 ($0.12) during trading hours on Thursday, reaching €31.38 ($36.49). 72,983 shares of the company were exchanged, compared to its average volume of 126,014. The company has a market capitalization of $3.20 billion and a PE ratio of 18.20. The company has a debt-to-equity ratio of 156.60, a quick ratio of 1.08 and a current ratio of 1.51. Jungheinrich has a 1 year low of €21.46 ($24.95) and a 1 year high of €38.14 ($44.35).

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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