Warburg Research Reiterates “€47.00” Price Target for JOST Werke (ETR:JST)

Warburg Research set a €47.00 ($54.65) target price on JOST Werke (ETR:JST) in a research report sent to investors on Wednesday, May 29th, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

JST has been the subject of several other reports. Deutsche Bank set a €41.00 ($47.67) price objective on shares of JOST Werke and gave the stock a buy rating in a research report on Wednesday, May 29th. JPMorgan Chase & Co. set a €39.00 ($45.35) price objective on shares of JOST Werke and gave the stock a neutral rating in a research report on Wednesday, May 29th. Finally, Hauck & Aufhaeuser set a €56.00 ($65.12) price objective on shares of JOST Werke and gave the stock a buy rating in a research report on Tuesday, May 28th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of Buy and an average price target of €47.20 ($54.88).

JST stock traded down €0.65 ($0.76) during trading hours on Wednesday, reaching €31.90 ($37.09). 18,808 shares of the stock were exchanged, compared to its average volume of 35,469. JOST Werke has a 12 month low of €25.00 ($29.07) and a 12 month high of €39.05 ($45.41). The company has a current ratio of 2.53, a quick ratio of 1.54 and a debt-to-equity ratio of 57.30. The stock has a market cap of $475.31 million and a PE ratio of 8.54.

About JOST Werke

JOST Werke AG manufactures and supplies safety-critical systems for the truck and trailer industry. The company offers truck and trailer components, including sensor systems and lubrication solutions, fifth wheel couplings and mounting plates, dual-height fifth wheel systems, sliders, kingpins, ball bearing turntables and slewing rings, landing gears, and hubodometers and axle caps; axle systems and its spare parts; and container equipment, such as components for intermodal transports, twist locks, bolsters, lifting frames for swap bodies, airbag lifting devices, and spare wheel holders.

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Analyst Recommendations for JOST Werke (ETR:JST)

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