Jungheinrich AG (ETR:JUN3) has been assigned a €35.00 ($41.18) price objective by analysts at HSBC Holdings plc in a report released on Monday. The firm currently has a “neutral” rating on the stock. HSBC Holdings plc’s price target would indicate a potential downside of 9.62% from the company’s previous close.

A number of other brokerages also recently weighed in on JUN3. Baader Bank set a €31.00 ($36.47) price objective on Jungheinrich AG and gave the company a “neutral” rating in a research report on Wednesday, September 20th. Deutsche Bank AG set a €35.00 ($41.18) price objective on Jungheinrich AG and gave the company a “neutral” rating in a research report on Wednesday, September 13th. Jefferies Group LLC set a €41.00 ($48.24) price objective on Jungheinrich AG and gave the company a “buy” rating in a research report on Friday, August 18th. DZ Bank AG reaffirmed a “buy” rating on shares of Jungheinrich AG in a research report on Wednesday, August 16th. Finally, Warburg Research set a €39.00 ($45.88) price objective on Jungheinrich AG and gave the company a “buy” rating in a research report on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of €35.80 ($42.12).

Shares of Jungheinrich AG (JUN3) opened at €38.73 ($45.56) on Monday. Jungheinrich AG has a 12-month low of €24.20 ($28.47) and a 12-month high of €40.50 ($47.65).

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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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