A.P. Moller-Maersk (OTCMKTS:AMKBY) Receives Average Rating of “Reduce” from Brokerages

Shares of A.P. Moller-Maersk (OTCMKTS:AMKBYGet Free Report) have been assigned a consensus rating of “Reduce” from the six brokerages that are covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a strong buy rating on the company.

A number of research firms have recently commented on AMKBY. Citigroup reissued a “neutral” rating on shares of A.P. Moller-Maersk in a report on Thursday, November 13th. Hsbc Global Res upgraded shares of A.P. Moller-Maersk to a “strong-buy” rating in a research report on Monday, September 29th. BNP Paribas Exane cut shares of A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a research note on Wednesday, September 17th. Finally, BNP Paribas cut A.P. Moller-Maersk to a “strong sell” rating in a research note on Wednesday, September 17th.

Check Out Our Latest Report on A.P. Moller-Maersk

A.P. Moller-Maersk Trading Down 1.5%

Shares of AMKBY opened at $11.46 on Thursday. The stock’s fifty day simple moving average is $10.03 and its 200-day simple moving average is $10.01. The firm has a market capitalization of $36.28 billion, a PE ratio of 7.30 and a beta of 0.91. A.P. Moller-Maersk has a 12-month low of $6.69 and a 12-month high of $11.65. The company has a quick ratio of 2.05, a current ratio of 2.16 and a debt-to-equity ratio of 0.08.

A.P. Moller-Maersk (OTCMKTS:AMKBYGet Free Report) last posted its quarterly earnings results on Thursday, November 6th. The transportation company reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.20). A.P. Moller-Maersk had a return on equity of 8.51% and a net margin of 8.83%.The business had revenue of $14.21 billion for the quarter, compared to analyst estimates of $13.44 billion. As a group, research analysts predict that A.P. Moller-Maersk will post 0.41 earnings per share for the current year.

A.P. Moller-Maersk Company Profile

(Get Free Report)

A.P. Møller – Mærsk A/S, together with its subsidiaries, engages in the ocean transport and logistics business in Denmark and internationally. It operates through Ocean, Logistics & Services, Terminals, and Towage & Maritime Services segments. The Ocean segment is involved in container shipping activities, including demurrage and detention, terminal handling, documentation and container services, and container storage, as well as transshipment hubs.

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Analyst Recommendations for A.P. Moller-Maersk (OTCMKTS:AMKBY)

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