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.
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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.
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