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home / news releases / KHNGF - Kuehne + Nagel: Lofty Valuation Outweighs Near-Term Strength

KHNGF - Kuehne + Nagel: Lofty Valuation Outweighs Near-Term Strength

Kuehne & Nagel International AG
  • Kuehne + Nagel recently delivered another strong quarter, continuing to benefit from the favorable COVID-19-led freight backdrop.
  • While the APEX acquisition is also set to boost results in the upcoming quarters, I see an eventual rate normalization ahead.
  • Shares currently trade well above pre-COVID-19 valuations, keeping me neutral.

For further details see:

Kuehne + Nagel: Lofty Valuation Outweighs Near-Term Strength
Stock Information
Company Name: Kuehne & Nagel International AG
Stock Symbol: KHNGF
Market: OTC
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