Kuehne + Nagel International (OTCMKTS:KHNGY) Share Price Passes Above 50-Day Moving Average of $43.62

Kuehne + Nagel International AG (OTCMKTS:KHNGYGet 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 (OTCMKTS:KHNGYGet Rating) last issued its quarterly earnings data on Tuesday, October 25th. The company reported $1.13 EPS for the quarter, topping the consensus estimate of $1.08 by $0.05. Kuehne + Nagel International had a return on equity of 86.60% and a net margin of 7.00%. The company had revenue of $10.32 billion during the quarter. Research analysts predict that Kuehne + Nagel International AG will post 4.52 earnings per share for the current fiscal year.

Kuehne + Nagel International Company Profile

(Get Rating)

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.

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