Zacks Investment Research upgraded shares of Panalpina Welt Ag Unspon (NASDAQ:PLWTY) from a sell rating to a hold rating in a research report report published on Thursday morning.

According to Zacks, “Panalpina Welttransport Holding AG engages in providing supply chain solutions. It offers freight shipping and supply chain management services. The Company transports freight by air and ship, and offers warehousing and distribution services. Panalpina’s air freight services include general, special, express, and intermodal services; and charter and emergency services. The company also offers ocean freight products comprising full container load, less-than-container load, and non-containerized load products, as well as various special services, such as dangerous goods handling, temperature controlled transportation, cargo insurance, letter of credit processing, certification and legalization of documents, food and drug administration filing, and advanced cargo information filing. It provides logistics services, including inbound, warehousing, production, distribution, and aftermarket services. Panalpina Welttransport Holding AG is headquartered in Basel, Switzerland. “

Panalpina Welt Ag Unspon (PLWTY) opened at 27.65 on Thursday. The stock has a 50 day moving average of $27.65 and a 200 day moving average of $27.65. Panalpina Welt Ag Unspon has a 52 week low of $25.64 and a 52 week high of $27.75. The company has a market cap of $3.28 billion and a price-to-earnings ratio of 49.96.

WARNING: This piece of content was reported by Watch List News and is the property of of Watch List News. If you are reading this piece of content on another domain, it was copied illegally and republished in violation of international trademark & copyright laws. The correct version of this piece of content can be accessed at https://www.watchlistnews.com/panalpina-welt-ag-unspon-plwty-upgraded-to-hold-by-zacks-investment-research/1618600.html.

Get a free copy of the Zacks research report on Panalpina Welt Ag Unspon (PLWTY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Panalpina Welt Ag Unspon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Panalpina Welt Ag Unspon and related companies with Analyst Ratings Network's FREE daily email newsletter.