Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Receives Average Recommendation of “Hold” from Analysts

Shares of Kuehne & Nagel International Ag (OTCMKTS:KHNGY) have received a consensus recommendation of “Hold” from the seven brokerages that are covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company.

KHNGY has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kuehne & Nagel International in a report on Tuesday, July 28th. Zacks Research lowered shares of Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 16th. Jefferies Financial Group raised shares of Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research note on Tuesday, May 5th. Barclays reaffirmed an “underweight” rating on shares of Kuehne & Nagel International in a report on Friday, July 24th. Finally, Citigroup reiterated a “sell” rating on shares of Kuehne & Nagel International in a research note on Friday, July 24th.

Kuehne & Nagel International Stock Up 0.4%

KHNGY opened at $49.39 on Friday. The business has a 50 day moving average of $49.23 and a 200-day moving average of $46.89. The stock has a market capitalization of $29.82 billion, a price-to-earnings ratio of 26.84, a P/E/G ratio of 3.32 and a beta of 0.75. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.35. Kuehne & Nagel International has a 1-year low of $36.76 and a 1-year high of $52.38.

Kuehne & Nagel International (OTCMKTS:KHNGY) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.55 by $0.02. The firm had revenue of $8.22 billion during the quarter, compared to analysts’ expectations of $7.58 billion. Kuehne & Nagel International had a return on equity of 38.52% and a net margin of 3.57%. As a group, sell-side analysts anticipate that Kuehne & Nagel International will post 2.15 earnings per share for the current year.

About Kuehne & Nagel International

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.