Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Receives Average Rating of “Reduce” from Brokerages

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) has earned an average recommendation of “Reduce” from the six research firms that are covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company.

A number of brokerages have recently issued reports on KHNGY. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kuehne & Nagel International in a research report on Thursday, January 15th. Barclays reissued an “underweight” rating on shares of Kuehne & Nagel International in a research note on Wednesday, January 28th. Zacks Research upgraded shares of Kuehne & Nagel International from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 27th. The Goldman Sachs Group raised shares of Kuehne & Nagel International from a “strong sell” rating to a “buy” rating in a report on Wednesday, January 14th. Finally, Citigroup reissued a “sell” rating on shares of Kuehne & Nagel International in a research note on Wednesday, October 29th.

Kuehne & Nagel International Trading Up 0.5%

Shares of KHNGY stock opened at $48.38 on Friday. The company has a market capitalization of $29.21 billion, a PE ratio of 24.07, a price-to-earnings-growth ratio of 1.43 and a beta of 0.88. Kuehne & Nagel International has a 52-week low of $36.76 and a 52-week high of $49.66. The business’s fifty day moving average is $44.33 and its 200 day moving average is $41.44. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.88 and a current ratio of 0.88.

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.