Hauck & Aufhaeuser Analysts Give JOST Werke (ETR:JST) a €51.00 Price Target
JOST Werke (ETR:JST) received a €51.00 ($59.30) price target from equities researchers at Hauck & Aufhaeuser in a note issued to investors on Friday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Hauck & Aufhaeuser’s price objective would indicate a potential upside of 50.22% from the stock’s current price.
Other analysts have also issued reports about the company. Deutsche Bank set a €34.00 ($39.53) target price on JOST Werke and gave the stock a “buy” rating in a research report on Monday, November 11th. JPMorgan Chase & Co. set a €42.00 ($48.84) price objective on JOST Werke and gave the company a “buy” rating in a report on Monday, January 6th. Finally, Warburg Research set a €47.00 ($54.65) price objective on JOST Werke and gave the company a “buy” rating in a report on Thursday, December 19th.
Shares of ETR JST traded down €0.10 ($0.12) during midday trading on Friday, reaching €33.95 ($39.48). 89,555 shares of the company’s stock were exchanged, compared to its average volume of 35,469. JOST Werke has a 52-week low of €23.55 ($27.38) and a 52-week high of €39.60 ($46.05). The stock has a market capitalization of $512.56 million and a PE ratio of 11.35. The company has a debt-to-equity ratio of 57.67, a quick ratio of 1.70 and a current ratio of 2.77. The business’s fifty day moving average price is €35.91 and its two-hundred day moving average price is €29.85.
JOST Werke AG manufactures and supplies safety-critical systems for the truck and trailer industry. The company offers truck and trailer components, including sensor systems and lubrication solutions, fifth wheel couplings and mounting plates, dual-height fifth wheel systems, sliders, kingpins, ball bearing turntables and slewing rings, landing gears, and hubodometers and axle caps; axle systems and its spare parts; and container equipment, such as components for intermodal transports, twist locks, bolsters, lifting frames for swap bodies, airbag lifting devices, and spare wheel holders.
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