Jungheinrich AG (JUN3) Given a €31.00 Price Target at Commerzbank Ag

Commerzbank Ag set a €31.00 ($36.47) price objective on Jungheinrich AG (ETR:JUN3) in a research note published on Tuesday morning. The firm currently has a neutral rating on the stock.

A number of other research firms have also commented on JUN3. Deutsche Bank AG set a €31.00 ($36.47) price target on Jungheinrich AG and gave the stock a neutral rating in a research report on Monday, July 3rd. HSBC Holdings plc set a €32.00 ($37.65) price target on Jungheinrich AG and gave the stock a neutral rating in a research report on Friday, June 30th. Hauck & Aufhaeuser set a €36.00 ($42.35) price target on Jungheinrich AG and gave the stock a buy rating in a research report on Thursday, June 29th. Jefferies Group LLC set a €37.00 ($43.53) price target on Jungheinrich AG and gave the stock a buy rating in a research report on Thursday, June 29th. Finally, Kepler Capital Markets set a €29.00 ($34.12) price target on Jungheinrich AG and gave the stock a neutral rating in a research report on Wednesday, June 28th. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of €33.80 ($39.76).

Jungheinrich AG (JUN3) opened at 33.255 on Tuesday. The firm has a market cap of €3.44 billion and a price-to-earnings ratio of 20.465. The company’s 50-day moving average price is €33.68 and its 200-day moving average price is €31.63. Jungheinrich AG has a 52-week low of €24.34 and a 52-week high of €35.50.

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About Jungheinrich AG

Jungheinrich AG is a Germany-based holding company engaged in material handling equipment, warehousing and material flow engineering sectors, as well as in warehousing technology. The Intralogistics segment encompasses the development, production, sale and short-term hire of new material handling equipment and warehousing technology products including logistics systems as well as the sale and short-term hire of used equipment and after-sales services, consisting of maintenance, repair and spare parts.

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