Bernstein analyst Alex Irving maintained a Hold rating on Kuehne + Nagel International AG today and set a price target of CHF165.00. The company’s shares closed today at CHF150.40.
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Irving covers the Industrials sector, focusing on stocks such as Deutsche Lufthansa, EasyJet, and International Consolidated Airlines. According to TipRanks, Irving has an average return of 7.7% and a 54.85% success rate on recommended stocks.
Currently, the analyst consensus on Kuehne + Nagel International AG is a Hold with an average price target of CHF168.50, a 12.03% upside from current levels. In a report released on September 23, Barclays also maintained a Hold rating on the stock with a CHF165.00 price target.
Based on Kuehne + Nagel International AG’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of CHF6.15 billion and a net profit of CHF240 million. In comparison, last year the company earned a revenue of CHF6.05 billion and had a net profit of CHF288 million
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