Morgan Stanley Analysts Give Jungheinrich (ETR:JUN3) a €28.00 Price Target

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Morgan Stanley set a €28.00 ($32.56) target price on Jungheinrich (ETR:JUN3) in a research report sent to investors on Thursday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Other equities research analysts also recently issued reports about the stock. Berenberg Bank set a €22.00 ($25.58) price objective on shares of Jungheinrich and gave the stock a neutral rating in a research note on Monday, November 25th. Warburg Research set a €34.00 ($39.53) target price on shares of Jungheinrich and gave the company a buy rating in a research note on Thursday, November 7th. Kepler Capital Markets set a €19.00 ($22.09) target price on shares of Jungheinrich and gave the company a neutral rating in a report on Thursday, November 7th. Hauck & Aufhaeuser set a €24.00 ($27.91) target price on shares of Jungheinrich and gave the company a neutral rating in a report on Friday, November 8th. Finally, Bank of America set a €19.50 ($22.67) price target on shares of Jungheinrich and gave the stock a sell rating in a research report on Thursday, October 10th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of Hold and an average target price of €25.41 ($29.55).

ETR JUN3 opened at €23.40 ($27.21) on Thursday. The firm has a market capitalization of $1.12 billion and a price-to-earnings ratio of 13.11. 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 has a one year low of €17.50 ($20.35) and a one year high of €32.32 ($37.58). The company’s 50 day moving average price is €23.00 and its 200 day moving average price is €22.84.

About Jungheinrich

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.

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Analyst Recommendations for Jungheinrich (ETR:JUN3)

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