HSBC Holdings plc Reiterates “€35.00” Price Target for Jungheinrich AG (JUN3)

Jungheinrich AG (ETR:JUN3) received a €35.00 ($41.67) target price from investment analysts at HSBC Holdings plc in a research report issued on Friday. The brokerage presently has a “neutral” rating on the stock.

Other research analysts have also recently issued research reports about the company. Deutsche Bank AG set a €31.00 ($36.90) price target on Jungheinrich AG and gave the company a “neutral” rating in a report on Saturday, May 20th. Commerzbank Ag set a €31.00 ($36.90) price target on Jungheinrich AG and gave the company a “neutral” rating in a report on Wednesday, June 28th. Citigroup Inc. set a €33.50 ($39.88) price target on Jungheinrich AG and gave the company a “neutral” rating in a report on Wednesday, June 28th. Baader Bank set a €31.00 ($36.90) price target on Jungheinrich AG and gave the company a “neutral” rating in a report on Wednesday, June 28th. Finally, Kepler Capital Markets set a €29.00 ($34.52) price target on Jungheinrich AG and gave the company a “neutral” rating in a report on Tuesday, August 8th. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Jungheinrich AG currently has an average rating of “Hold” and an average price target of €34.80 ($41.43).

Shares of Jungheinrich AG (ETR JUN3) opened at 39.20 on Friday. Jungheinrich AG has a one year low of €24.34 and a one year high of €39.41. The firm has a market cap of €4.00 billion and a PE ratio of 24.09. The firm’s 50-day moving average price is €35.42 and its 200-day moving average price is €32.96.

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Jungheinrich AG Company Profile

Jungheinrich Aktiengesellschaft, through its subsidiaries, manufactures and supplies products for the material handling equipment, warehousing technology, and material flow engineering sectors. The company’s Intralogistics segment develops, produces, and sells new trucks; rents new and used material handling equipment; reconditions and sells used equipment; and provides spare parts, as well as maintenance and repair services.

Analyst Recommendations for Jungheinrich AG (ETR:JUN3)

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