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Berenberg Bank Sticks to Its Buy Rating for JOST Werke AG (0RTR)

Berenberg Bank Sticks to Its Buy Rating for JOST Werke AG (0RTR)

Berenberg Bank analyst Gerhard Orgonas maintained a Buy rating on JOST Werke AG (0RTRResearch Report) yesterday and set a price target of €68.00. The company’s shares closed yesterday at €55.30.

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According to TipRanks, Orgonas is ranked #387 out of 9519 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for JOST Werke AG with a €68.00 average price target, which is a 22.97% upside from current levels. In a report released yesterday, Warburg Research also maintained a Buy rating on the stock with a €75.00 price target.

0RTR market cap is currently €825.5M and has a P/E ratio of 15.44.

Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0RTR in relation to earlier this year.

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