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DANMARKS STØRSTE INVESTORSITE MED DEBAT, CHAT OG NYHEDER

Maersk, Hapag-Lloyd, Kuehne+Nagel Upgraded at Deutsche on Continued Upside

14/9 08:08


  • (PLX AI) – Container shipping companies Maersk and Hapag-Lloyd and freight forwarder Kuehne+Nagle were all upgraded to buy from hold at Deutsche Bank as the analysts said the red-hot shipping industry still has upside to consensus.
  • • The bank also reiterated its earlier buy recommendations on Deutsche Post and DSV
  • • Earnings for these companies will peak next year, not in 2021, Deutsche Bank said
  • • While the market is worried about peak earnings and valuations, there is material positive surprise to 2022 and 2023 forecasts that are yet to be factored into consensus, Deutsche said
  • • The strong data and outlook make it bullish on all container and logistics stocks, Deutsche said