Kuehne + Nagel International AG
KNIN: XSWX (CHE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| !Q@ | LOCK|h@z&% | LOCK|b&^SgM% |
Kuehne+Nagel: Increasing Fair Value Estimate; New Strategy Balancing Revenue and Margins Growth
We are increasing narrow-moat Kuehne+Nagel's fair value estimate by 2% to CHF 225 per share after transferring coverage to a new analyst. Higher-margin assumptions offset lower top-line growth expectations driving our revised valuation. Our fair value estimate is in line with the market, forecasting limited top-line growth but moderate margin expansion.
