Jungheinrich (JUN3) Given a €35.00 Price Target by Commerzbank Analysts

Jungheinrich (ETR:JUN3) has been given a €35.00 ($40.70) price objective by investment analysts at Commerzbank in a report released on Wednesday. The firm currently has a “buy” rating on the stock. Commerzbank’s target price suggests a potential upside of 23.15% from the company’s previous close.

A number of other brokerages also recently commented on JUN3. Baader Bank set a €33.00 ($38.37) target price on Jungheinrich and gave the company a “neutral” rating in a report on Thursday, August 9th. Kepler Capital Markets set a €33.00 ($38.37) target price on Jungheinrich and gave the company a “neutral” rating in a report on Thursday, August 9th. Jefferies Financial Group set a €41.00 ($47.67) target price on Jungheinrich and gave the company a “buy” rating in a report on Wednesday, August 8th. Citigroup set a €33.00 ($38.37) target price on Jungheinrich and gave the company a “neutral” rating in a report on Thursday, September 27th. Finally, HSBC set a €33.00 ($38.37) target price on Jungheinrich and gave the company a “neutral” rating in a report on Monday, August 13th. Eight investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of €35.71 ($41.52).

Shares of ETR JUN3 opened at €27.46 ($31.93) on Wednesday. Jungheinrich has a 1-year low of €28.33 ($32.94) and a 1-year high of €42.94 ($49.93).

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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