Jungheinrich AG : The underlying trend is to the upside
| Entry price | Target | Stop-loss | Potential |
|---|
|
€29.33 |
€32 |
€27.5 |
+9.12% |
|---|
Shares in Jungheinrich AG show a positive technical chart pattern over the medium term, which suggests that the rising trend should be followed.
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.
● Predictions on business development from analysts polled by Thomson-Reuters are tight. This results from either a good visibility into core activities or accurate earnings releases.
● The group usually releases upbeat results with huge surprise rates.
● As regards fundamentals, the enterprise value to sales ratio is at 1.04 for the current period. Therefore, the company is undervalued.
● Stock prices approach a strong long-term resistance in weekly data at EUR 30.11.
● The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
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JUNGHEINRICH AG 
