Kuehne & Nagel International Ag (OTCMKTS:KHNGY – Get Free Report)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $52.94 and last traded at $52.94, with a volume of 349 shares trading hands. The stock had previously closed at $51.7190.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on KHNGY shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kuehne & Nagel International in a research note on Tuesday, July 28th. Jefferies Financial Group raised Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research report on Tuesday, May 5th. Zacks Research cut Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 16th. Barclays restated an “underweight” rating on shares of Kuehne & Nagel International in a research note on Friday, July 24th. Finally, Citigroup reaffirmed a “sell” rating on shares of Kuehne & Nagel International in a research report on Friday, July 24th. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Kuehne & Nagel International presently has an average rating of “Hold”.
View Our Latest Analysis on Kuehne & Nagel International
Kuehne & Nagel International Trading Down 1.3%
Kuehne & Nagel International (OTCMKTS:KHNGY – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. The firm had revenue of $8.22 billion for the quarter, compared to the consensus estimate of $7.58 billion. Kuehne & Nagel International had a net margin of 3.57% and a return on equity of 39.21%. As a group, sell-side analysts predict that Kuehne & Nagel International Ag will post 2.15 EPS for the current year.
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.
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