Kuehne + Nagel International AG (OTCMKTS:KHNGY – Get Rating) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $43.62 and traded as high as $48.77. Kuehne + Nagel International shares last traded at $48.77, with a volume of 5,175 shares changing hands.
Wall Street Analyst Weigh In
A number of brokerages have commented on KHNGY. JPMorgan Chase & Co. upped their price objective on Kuehne + Nagel International from CHF 279 to CHF 310 and gave the company a “neutral” rating in a report on Thursday, October 27th. HSBC lowered shares of Kuehne + Nagel International from a “buy” rating to a “hold” rating in a report on Wednesday, October 26th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Kuehne + Nagel International from CHF 315 to CHF 270 and set a “hold” rating for the company in a research note on Friday, October 28th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $288.00.
Kuehne + Nagel International Stock Up 1.6 %
The stock has a 50 day moving average of $43.62 and a 200-day moving average of $47.19. The firm has a market capitalization of $29.45 billion, a P/E ratio of 9.47 and a beta of 0.93. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.09 and a current ratio of 1.09.
Kuehne + Nagel International Company Profile
Kuehne + Nagel International AG, together with its subsidiaries, provides integrated logistics services worldwide. The company operates through Sea Logistics, Air Logistics, Road Logistics, and Contract Logistics segments. It provides less-than-container load, reefer and project logistics, cargo insurance, full container shipping solutions, and customs clearance services.
- Get a free copy of the StockNews.com research report on Kuehne + Nagel International (KHNGY)
- Salesforce Cuts Labor, Shows Strong Earnings Despite Challenges
- Institutional Support for Analog Devices Remains High
- Is the 60/40 Portfolio Mix Still in Vogue?
- Microsoft Shares: Is it Time to Back Up the Truck?
- Three CBD Stocks to Dominate a Budding Industry
Receive News & Ratings for Kuehne + Nagel International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kuehne + Nagel International and related companies with MarketBeat.com's FREE daily email newsletter.