Morgan Stanley set a €25.00 ($29.07) price target on Jungheinrich (ETR:JUN3) in a research report released on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other brokerages have also issued reports on JUN3. Bank of America set a €19.50 ($22.67) price target on Jungheinrich and gave the stock a sell rating in a research note on Thursday, October 10th. Hauck & Aufhaeuser set a €19.00 ($22.09) price target on Jungheinrich and gave the stock a neutral rating in a research note on Monday, January 6th. Warburg Research set a €34.00 ($39.53) price target on Jungheinrich and gave the stock a buy rating in a research note on Thursday, November 7th. Kepler Capital Markets set a €19.00 ($22.09) price target on Jungheinrich and gave the stock a neutral rating in a research note on Monday, December 9th. Finally, Deutsche Bank set a €20.00 ($23.26) price target on Jungheinrich and gave the stock a neutral rating in a research note on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. Jungheinrich has an average rating of Hold and a consensus price target of €24.50 ($28.49).
ETR:JUN3 opened at €21.46 ($24.95) on Tuesday. The firm has a market capitalization of $1.02 billion and a price-to-earnings ratio of 12.02. Jungheinrich has a 52-week low of €17.50 ($20.35) and a 52-week high of €32.32 ($37.58). The stock has a fifty day moving average of €22.57 and a 200 day moving average of €22.09. The company has a debt-to-equity ratio of 171.74, a quick ratio of 0.95 and a current ratio of 1.45.
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.
Featured Article: What is meant by buying and selling pressure?
Receive News & Ratings for Jungheinrich Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jungheinrich and related companies with MarketBeat.com's FREE daily email newsletter.