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

A number of other equities analysts have also weighed in on JUN3. Citigroup Inc. set a €33.50 ($39.41) target price on Jungheinrich AG and gave the stock a neutral rating in a research report on Wednesday, June 28th. Commerzbank Ag set a €31.00 ($36.47) target price on Jungheinrich AG and gave the stock a neutral rating in a research report on Wednesday, June 28th. Kepler Capital Markets set a €29.00 ($34.12) target price on Jungheinrich AG and gave the stock a neutral rating in a research report on Wednesday, June 28th. Nord/LB set a €37.50 ($44.12) target price on Jungheinrich AG and gave the stock a buy rating in a research report on Wednesday, June 28th. Finally, Hauck & Aufhaeuser set a €36.00 ($42.35) target price on Jungheinrich AG and gave the stock a buy rating in a research report on Thursday, June 29th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of €35.20 ($41.41).

Shares of Jungheinrich AG (ETR JUN3) opened at 38.193 on Friday. Jungheinrich AG has a 12-month low of €24.34 and a 12-month high of €40.50. The company’s 50-day moving average is €37.71 and its 200-day moving average is €34.13. The stock has a market cap of €3.90 billion and a P/E ratio of 23.474.

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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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