Zacks Investment Research Lowers KUEHNE&NAGEL INTL (KHNGY) to Hold

Zacks Investment Research downgraded shares of KUEHNE&NAGEL INTL (OTCMKTS:KHNGY) from a buy rating to a hold rating in a research note released on Thursday.

According to Zacks, “Kuehne + Nagel International AG is a logistics company. It operates through six segments: Seafreight, Airfreight, Road & Rail Logistics, Contract Logistics, Real Estate, and Insurance Brokers. The Company is engaged in transportation services, including carrier services and contracts of carriage related to shipment; provision of services related to warehouse and distribution activities; brokerage services of insurance coverage, mainly marine liability; and covers activities mainly related to internal rent of facilities. It operates in Europe, the Americas, the Asia-Pacific, the Middle East, Central Asia, and Africa. Kuehne + Nagel International AG is headquartered in Schindellegi, Switzerland. “

Shares of KUEHNE&NAGEL INTL (OTCMKTS KHNGY) opened at $36.77 on Thursday. The company has a market capitalization of $22,135.20, a PE ratio of 30.39 and a beta of 0.79. KUEHNE&NAGEL INTL has a 1 year low of $26.88 and a 1 year high of $37.28.

ILLEGAL ACTIVITY WARNING: This news story was originally reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this news story on another site, it was stolen and reposted in violation of United States & international copyright & trademark law. The legal version of this news story can be viewed at https://www.dispatchtribunal.com/2018/01/29/zacks-investment-research-lowers-kuehnenagel-intl-khngy-to-hold.html.

KUEHNE&NAGEL INTL Company Profile

Kuehne + Nagel International AG, together with its subsidiaries, provides integrated logistics services worldwide. The company operates through four segments: Seafreight, Airfreight, Overland, and Contract Logistics. It provides airfreight services; seafreight services, including full and less than container loads, intra Europe/short sea intermodal solutions integration with carriers, flexible schedules, blue anchor line agent, online booking online, tracking & tracing of shipments, cargo insurance, and customs clearance; and overland transportation and contract logistics services.

Get a free copy of the Zacks research report on KUEHNE&NAGEL INTL (KHNGY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for KUEHNE&NAGEL INTL Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KUEHNE&NAGEL INTL and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply