Jungheinrich (ETR:JUN3) received a €37.00 ($43.53) price target from Commerzbank in a note issued to investors on Friday. The brokerage presently has a “buy” rating on the stock. Commerzbank’s price target indicates a potential upside of 18.06% from the stock’s current price.
JUN3 has been the topic of several other research reports. Deutsche Bank reissued a “neutral” rating on shares of Jungheinrich in a report on Tuesday, April 3rd. Hauck & Aufhaeuser set a €39.00 ($45.88) target price on shares of Jungheinrich and gave the stock a “buy” rating in a report on Thursday, June 21st. Warburg Research set a €42.00 ($49.41) target price on shares of Jungheinrich and gave the stock a “buy” rating in a report on Tuesday, June 26th. Citigroup set a €38.50 ($45.29) target price on shares of Jungheinrich and gave the stock a “neutral” rating in a report on Friday, April 6th. Finally, Jefferies Financial Group set a €41.00 ($48.24) target price on shares of Jungheinrich and gave the stock a “buy” rating in a report on Friday, April 6th. One analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of €36.60 ($43.06).
Jungheinrich opened at €31.34 ($36.87) on Friday, Marketbeat.com reports. Jungheinrich has a one year low of €28.33 ($33.33) and a one year high of €42.94 ($50.52).
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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