JPMorgan Chase & Co. Lowers Kuehne + Nagel International (OTCMKTS:KHNGY) Price Target to CHF 278

Kuehne + Nagel International (OTCMKTS:KHNGY) had its price objective reduced by equities researchers at JPMorgan Chase & Co. from CHF 293 to CHF 278 in a research note issued to investors on Thursday, The Fly reports. The firm currently has a “neutral” rating on the stock.

KHNGY has been the subject of a number of other research reports. Zacks Investment Research cut shares of Kuehne + Nagel International from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 29th. Morgan Stanley reiterated an “equal weight” rating on shares of Kuehne + Nagel International in a research note on Thursday, October 21st. Finally, Stifel Nicolaus raised shares of Kuehne + Nagel International from a “hold” rating to a “buy” rating in a report on Tuesday, December 14th. Five equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $175.50.

Kuehne + Nagel International stock opened at $57.24 on Thursday. Kuehne + Nagel International has a 52 week low of $44.37 and a 52 week high of $78.44. 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 firm has a market capitalization of $34.56 billion, a PE ratio of 23.00 and a beta of 0.82. The business’s 50-day simple moving average is $61.42 and its 200-day simple moving average is $66.29.

Kuehne + Nagel International (OTCMKTS:KHNGY) last released its quarterly earnings data on Wednesday, October 20th. The company reported $1.01 earnings per share for the quarter. The company had revenue of $9.33 billion for the quarter. Kuehne + Nagel International had a return on equity of 52.20% and a net margin of 5.36%.

About Kuehne + Nagel International

K├╝hne + 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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