Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Stock Now Rated “Hold” by Sell-Side Brokerages

Shares of Kuehne & Nagel International Ag (OTCMKTS:KHNGY) have been assigned an average rating of “Hold” from the seven ratings firms that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company.

A number of equities analysts have issued reports on the company. Citigroup reaffirmed a “sell” rating on shares of Kuehne & Nagel International in a research report on Friday, July 24th. Royal Bank Of Canada started coverage on shares of Kuehne & Nagel International in a research report on Thursday, October 15th. They set a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kuehne & Nagel International in a research note on Tuesday, July 28th. Finally, Barclays restated an “underweight” rating on shares of Kuehne & Nagel International in a research note on Friday, July 24th.

Kuehne & Nagel International Stock Performance

Shares of KHNGY stock opened at $54.99 on Friday. Kuehne & Nagel International has a 52 week low of $36.80 and a 52 week high of $56.79. The company’s fifty day simple moving average is $53.85 and its 200-day simple moving average is $50.01. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.42. The company has a market cap of $33.20 billion, a PE ratio of 30.36, a P/E/G ratio of 3.47 and a beta of 0.73.

Kuehne & Nagel International (OTCMKTS:KHNGY) last posted its earnings results on Thursday, October 22nd. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.21. Kuehne & Nagel International had a return on equity of 39.21% and a net margin of 3.57%. As a group, equities research analysts anticipate that Kuehne & Nagel International will post 2.17 EPS for the current year.

Kuehne & Nagel International Company Profile

Kuehne & Nagel International AG is a global logistics and supply chain management company headquartered in Schindellegi, Switzerland. The company provides transportation and logistics services for businesses across a range of industries, including technology, healthcare, aerospace, automotive, retail and consumer goods.

Its main activities include sea freight, air freight, road logistics and contract logistics. Kuehne+Nagel also offers customs brokerage, warehousing, distribution, supply chain planning and technology-enabled logistics solutions.