MUNICH (dpa-AFX) - Baader Bank has rated Jungheinrich as "Add" with a target price of 31 euros after the annual results. The logistics service provider at least met its own and market forecasts with strong sales growth, an operating profit margin (EBIT) slightly below expectations and an excellent cash inflow, analyst Peter Rothenaicher wrote in a study published on Thursday. The outlook for 2024 is above consensus estimates. Rothenaicher announced that he would be raising his forecasts for 2024 and 2025. The target price would then probably also rise. The valuation appears attractive./gl/ajx

Publication of the original study: 28.03.2024 / 09:35 / CET

First-time dissemination of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

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