Jefferies Financial Group Equities Analysts Decrease Earnings Estimates for Jungheinrich AG (JGHAF)
Jungheinrich AG (OTCMKTS:JGHAF) – Research analysts at Jefferies Financial Group reduced their FY2018 EPS estimates for Jungheinrich in a research note issued to investors on Thursday, November 15th. Jefferies Financial Group analyst O. Vaziri now forecasts that the company will earn $2.02 per share for the year, down from their previous estimate of $2.15. Jefferies Financial Group also issued estimates for Jungheinrich’s FY2019 earnings at $2.32 EPS and FY2020 earnings at $2.45 EPS.
JGHAF has been the subject of several other research reports. DZ Bank restated a “buy” rating on shares of Jungheinrich in a research note on Tuesday, August 28th. ValuEngine downgraded shares of Jungheinrich from a “hold” rating to a “sell” rating in a research note on Wednesday, October 24th. Finally, Zacks Investment Research upgraded shares of Jungheinrich from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 11th.
Jungheinrich Aktiengesellschaft, through its subsidiaries, manufactures and supplies products in the fields of forklift trucks, and warehousing and material flow technology. The company's Intralogistics segment develops, produces, sells, and rents new material handling equipment and warehousing technology products; sale and short-term leasing of new and used equipment; and provides spare parts, as well as maintenance and repair services.
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