DSV A/S (OTCMKTS:DSDVY) Downgraded to Hold Rating by Citigroup

DSV A/S (OTCMKTS:DSDVY - Get Free Report) was downgraded by analysts at Citigroup from a "strong-buy" rating to a "hold" rating in a report released on Wednesday,Zacks.com reports.

Separately, The Goldman Sachs Group raised shares of DSV A/S to a "strong-buy" rating in a research note on Friday, May 2nd.

DSV A/S Stock Up 1.7%

OTCMKTS:DSDVY traded up $1.94 during trading hours on Wednesday, hitting $113.02. 94,123 shares of the stock traded hands, compared to its average volume of 98,948. The company has a current ratio of 1.27, a quick ratio of 1.18 and a debt-to-equity ratio of 0.33. DSV A/S has a fifty-two week low of $73.52 and a fifty-two week high of $115.75. The firm has a 50 day moving average price of $99.05 and a 200 day moving average price of $102.69. The firm has a market cap of $54.35 billion, a price-to-earnings ratio of 33.05, a PEG ratio of 1.28 and a beta of 1.23.

DSV A/S (OTCMKTS:DSDVY - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.86 earnings per share for the quarter, topping analysts' consensus estimates of $0.83 by $0.03. The company had revenue of $6.35 billion for the quarter, compared to analysts' expectations of $40.57 billion. DSV A/S had a net margin of 6.06% and a return on equity of 15.61%. Equities research analysts anticipate that DSV A/S will post 3.97 earnings per share for the current year.

DSV A/S Company Profile

DSV A/S offers transport and logistics services in Europe, the Middle East, Africa, North America, South America, Asia, Australia, and the Pacific. It operates through three segments: Air & Sea, Road, and Solutions. The company provides air freight, air freight compliance and carrier, and rail freight services; sea freight, and sea freight compliance and carrier services, as well as freight containers.