Jungheinrich Aktiengesellschaft (OTCMKTS:JGHHY – Get Rating) had its price target cut by analysts at Citigroup to €25.00 ($26.32) in a research report issued on Tuesday, The Fly reports.
Several other equities analysts have also recently weighed in on JGHHY. HSBC raised shares of Jungheinrich Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Friday, January 28th. Berenberg Bank decreased their target price on shares of Jungheinrich Aktiengesellschaft from €52.00 ($54.74) to €37.00 ($38.95) in a research note on Friday, April 22nd. Finally, Oddo Bhf raised shares of Jungheinrich Aktiengesellschaft from an “underperform” rating to a “neutral” rating in a research note on Friday, March 25th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $24.15.
Shares of JGHHY opened at $5.18 on Tuesday. Jungheinrich Aktiengesellschaft has a twelve month low of $5.18 and a twelve month high of $7.25. The company has a 50 day moving average of $5.83 and a 200-day moving average of $8.51.
Jungheinrich Aktiengesellschaft, through its subsidiaries, manufactures and supplies products and solutions in the fields of warehousing and material handling equipment, automated systems, digital solutions, and matching services worldwide. It operates through Intralogistics and Financial Services segments.
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