Kuehne + Nagel International (OTCMKTS:KHNGY) had its target price reduced by equities researchers at JPMorgan Chase & Co. from CHF 293 to CHF 278 in a report released on Thursday, The Fly reports. The brokerage currently has a “neutral” rating on the stock.
A number of other brokerages have also recently issued reports on KHNGY. Morgan Stanley reiterated an “equal weight” rating on shares of Kuehne + Nagel International in a report on Thursday, October 21st. Stifel Nicolaus raised Kuehne + Nagel International from a “hold” rating to a “buy” rating in a research report on Tuesday, December 14th. Finally, Zacks Investment Research lowered shares of Kuehne + Nagel International from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 29th. Five investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $175.50.
Shares of Kuehne + Nagel International stock opened at $60.04 on Thursday. Kuehne + Nagel International has a 52-week low of $44.37 and a 52-week high of $78.44. The firm has a 50-day moving average of $61.56 and a 200-day moving average of $66.36. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.14 and a current ratio of 1.14. The stock has a market cap of $36.25 billion, a PE ratio of 23.45 and a beta of 0.82.
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Kuehne + Nagel International (OTCMKTS:KHNGY) last issued its earnings results on Wednesday, October 20th. The company reported $1.01 EPS for the quarter. Kuehne + Nagel International had a return on equity of 52.20% and a net margin of 5.36%. The firm had revenue of $9.33 billion during the quarter.
About Kuehne + Nagel International
Kühne + Nagel International AG engages in the provision of logistic services. It operates through the following segments: Sea Freight, Airfreight, Overland, and Contract Logistics. The Sea Freight segment offers services through partnerships with carriers, as well as visibility and monitoring of freight movements via KN Login.
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