Jungheinrich AG (JUN3) Given a €34.00 Price Target at Baader Bank

Baader Bank set a €34.00 ($40.00) target price on Jungheinrich AG (ETR:JUN3) in a research note released on Friday morning. The brokerage currently has a sell rating on the stock.

Other analysts also recently issued research reports about the stock. Commerzbank Ag set a €31.00 ($36.47) price objective on shares of Jungheinrich AG and gave the stock a neutral rating in a research report on Tuesday, August 8th. Citigroup Inc. set a €33.50 ($39.41) price target on shares of Jungheinrich AG and gave the company a neutral rating in a research report on Wednesday, June 28th. Kepler Capital Markets set a €29.00 ($34.12) price target on shares of Jungheinrich AG and gave the company a neutral rating in a research report on Tuesday, August 8th. Jefferies Group LLC set a €37.00 ($43.53) price target on shares of Jungheinrich AG and gave the company a buy rating in a research report on Wednesday, August 9th. Finally, DZ Bank AG reissued a buy rating on shares of Jungheinrich AG in a research report on Wednesday, August 16th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company. Jungheinrich AG currently has an average rating of Hold and an average price target of €35.20 ($41.41).

Shares of Jungheinrich AG (ETR:JUN3) traded down 1.687% on Friday, reaching €38.293. 1,626 shares of the company’s stock were exchanged. The stock has a market cap of €3.91 billion and a P/E ratio of 23.536. The company’s 50 day moving average price is €37.55 and its 200-day moving average price is €34.00. Jungheinrich AG has a 52-week low of €24.34 and a 52-week high of €40.50.

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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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