Zacks Investment Research Downgrades DSV (DSDVY) to Hold

Zacks Investment Research lowered shares of DSV (NASDAQ:DSDVY) from a strong-buy rating to a hold rating in a research note released on Wednesday morning.

According to Zacks, “DSV A/S provides transport and logistics services. It offers truck, ship and plane transport services as well as warehousing and logistic services. The company also provides shipment booking, pick-up, custom clearance, cargo consolidation, document and insurance services as well as warehousing, picking/packaging, distribution, supply chain management and order planning services. It operates primarily in Europe, the Middle East, Africa, North and South America, Asia, Australia and the Pacific. DSV A/S is headquartered in Hedehusene, Denmark. “

Shares of DSV (NASDAQ:DSDVY) traded down 2.52% during mid-day trading on Wednesday, hitting $36.40. The stock had a trading volume of 30,888 shares. DSV has a 52-week low of $20.55 and a 52-week high of $37.94.

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