A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Given Consensus Recommendation of “Hold” by Brokerages

Shares of A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY – Get Rating) have been assigned a consensus recommendation of “Hold” from the fifteen research firms that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $24,300.50.

AMKBY has been the topic of a number of research reports. Zacks Investment Research lowered A.P. Møller – Mærsk A/S from a “strong-buy” rating to a “hold” rating in a report on Monday, January 3rd. JPMorgan Chase & Co. decreased their price objective on A.P. Møller – Mærsk A/S from 22,940.00 to 21,741.00 and set a “neutral” rating on the stock in a report on Thursday, April 14th. Credit Suisse Group raised their target price on A.P. Møller – Mærsk A/S to 26,860.00 in a research note on Monday, January 10th. Finally, Deutsche Bank Aktiengesellschaft downgraded A.P. Møller – Mærsk A/S from a “buy” rating to a “hold” rating in a research note on Tuesday, March 29th.

Shares of OTCMKTS:AMKBY opened at $13.28 on Tuesday. A.P. Møller – Mærsk A/S has a 1 year low of $11.94 and a 1 year high of $19.14. The firm has a market capitalization of $53.20 billion, a price-to-earnings ratio of 2.81 and a beta of 1.48. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.84 and a quick ratio of 1.71. The business’s 50 day moving average price is $15.75 and its 200-day moving average price is $15.88.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY – Get Rating) last announced its quarterly earnings data on Wednesday, February 9th. The transportation company reported $1.67 earnings per share for the quarter. The company had revenue of $18.51 billion for the quarter. A.P. Møller – Mærsk A/S had a return on equity of 50.96% and a net margin of 29.04%.

The firm also recently disclosed a dividend, which was paid on Monday, April 4th. Investors of record on Thursday, March 17th were given a dividend of $1.3538 per share. This represents a dividend yield of 7.99%. The ex-dividend date was Wednesday, March 16th. A.P. Møller – Mærsk A/S’s payout ratio is 27.48%.

About A.P. Møller – Mærsk A/S (Get Rating)

A.P. Møller – Mærsk A/S operates as an integrated transport and logistics company worldwide. The company's Ocean segment engages in container shipping activities, including demurrage and detention, terminal handling, documentation and container services, and container storage, as well as transshipment services under Maersk Line, Safmarine, Sealand Â- A Maersk Company, Hamburg Süd, and APM Terminal brands; and sale of bunker oil.

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