Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Given Consensus Rating of “Reduce” by Analysts

Shares of Kuehne & Nagel International Ag (OTCMKTS:KHNGY) have been given an average recommendation of “Reduce” by the six ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating on the company.

KHNGY has been the topic of several recent research reports. The Goldman Sachs Group upgraded shares of Kuehne & Nagel International from a “strong sell” rating to a “buy” rating in a research report on Wednesday, January 14th. Barclays reissued an “underweight” rating on shares of Kuehne & Nagel International in a research note on Wednesday, January 28th. Zacks Research upgraded Kuehne & Nagel International from a “strong sell” rating to a “hold” rating in a report on Thursday, November 27th. Citigroup reaffirmed a “sell” rating on shares of Kuehne & Nagel International in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kuehne & Nagel International in a research report on Thursday, January 15th.

Kuehne & Nagel International Price Performance

OTCMKTS:KHNGY opened at $48.93 on Friday. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.19. The business’s 50-day moving average price is $44.69 and its 200 day moving average price is $41.51. Kuehne & Nagel International has a 52-week low of $36.76 and a 52-week high of $49.66. The firm has a market cap of $29.54 billion, a P/E ratio of 24.34, a PEG ratio of 1.46 and a beta of 0.88.

Kuehne & Nagel International Company Profile

Kuehne & Nagel International is a global logistics company that provides a wide range of transportation and supply chain services. Its core activities include sea freight and airfreight forwarding, contract logistics and warehousing, as well as overland (road and rail) transportation. The company also offers integrated supply chain management, customs brokerage and value-added services that support complex logistics requirements for shippers and manufacturers.

Founded in 1890 by August Kühne and Friedrich Nagel, Kuehne & Nagel has grown into a multinational logistics provider with a long history in freight forwarding and transport services.