Jungheinrich AG : The technical configuration is positive
| Entry price | Target | Stop-loss | Potential |
|---|
|
€32.11 |
€34.71 |
€30.61 |
+8.11% |
|---|
The underlying tendency is to the upside for shares in Jungheinrich AG and the timing is opportune to get back into the stock. A comeback of the upward dynamic can be anticipated.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
● There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
● Historically, the company has been releasing figures that are above expectations.
● The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
● Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● The stock is in a well-established, long-term rising trend above the technical support level at 29.28 EUR
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JUNGHEINRICH AG 
