HSBC Holdings plc set a €35.00 ($41.67) target price on Jungheinrich AG (ETR:JUN3) in a report released on Friday morning. The firm currently has a neutral rating on the stock.

Several other research analysts have also recently commented on the stock. DZ Bank AG reiterated a buy rating on shares of Jungheinrich AG in a report on Wednesday, August 16th. Nord/LB set a €37.50 ($44.64) price target on shares of Jungheinrich AG and gave the stock a buy rating in a report on Wednesday, June 28th. Deutsche Bank AG set a €31.00 ($36.90) price target on shares of Jungheinrich AG and gave the stock a neutral rating in a report on Monday, May 29th. Jefferies Group LLC set a €37.00 ($44.05) price target on shares of Jungheinrich AG and gave the stock a buy rating in a report on Thursday, June 29th. Finally, Baader Bank set a €31.00 ($36.90) price target on shares of Jungheinrich AG and gave the stock a neutral rating in a report on Wednesday, June 28th. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of €34.80 ($41.43).

Jungheinrich AG (ETR JUN3) opened at 38.99 on Friday. The stock’s 50 day moving average is €35.52 and its 200-day moving average is €33.00. Jungheinrich AG has a 1-year low of €24.34 and a 1-year high of €39.41. The company has a market capitalization of €3.98 billion and a P/E ratio of 23.96.

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About Jungheinrich AG

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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