Jungheinrich (JUN3) Receives Average Recommendation of “Hold” from Analysts

Jungheinrich (ETR:JUN3) has been assigned an average rating of “Hold” from the eleven ratings firms that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is €37.00 ($45.12).

A number of research analysts have commented on the stock. Hauck & Aufhaeuser set a €39.00 ($47.56) target price on shares of Jungheinrich and gave the company a “buy” rating in a research report on Wednesday, April 11th. Deutsche Bank reissued a “neutral” rating on shares of Jungheinrich in a research report on Monday, April 16th. Commerzbank set a €37.00 ($45.12) target price on shares of Jungheinrich and gave the company a “neutral” rating in a research report on Wednesday, April 18th. Jefferies Group set a €41.00 ($50.00) target price on shares of Jungheinrich and gave the company a “buy” rating in a research report on Friday, April 6th. Finally, Citigroup set a €38.50 ($46.95) target price on shares of Jungheinrich and gave the company a “neutral” rating in a research report on Friday, April 6th.

JUN3 stock opened at €35.46 ($43.24) on Thursday. Jungheinrich has a 12 month low of €28.33 ($34.55) and a 12 month high of €42.94 ($52.37).

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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.

Analyst Recommendations for Jungheinrich (ETR:JUN3)

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