A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Downgraded to Buy at AlphaValue

AlphaValue cut shares of A.P. Møller – Mærsk A/S (OTCMKTS:AMKBYGet Rating) to a buy rating in a research report sent to investors on Wednesday morning, The Fly reports.

Other equities research analysts also recently issued reports about the company. Barclays decreased their price objective on A.P. Møller – Mærsk A/S from 15,650.00 to 12,450.00 in a report on Friday, November 4th. Danske downgraded A.P. Møller – Mærsk A/S from a hold rating to a sell rating in a report on Monday, September 26th. Citigroup downgraded A.P. Møller – Mærsk A/S from a buy rating to a sell rating in a report on Monday, August 22nd. Nordea Equity Research downgraded A.P. Møller – Mærsk A/S from a buy rating to a hold rating in a report on Tuesday, October 11th. Finally, UBS Group downgraded A.P. Møller – Mærsk A/S from a buy rating to a neutral rating in a report on Thursday, November 10th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, A.P. Møller – Mærsk A/S presently has an average rating of Hold and an average price target of $23,370.00.

A.P. Møller – Mærsk A/S Stock Up 1.8 %

AMKBY stock opened at $10.52 on Wednesday. The company’s 50 day moving average price is $9.99 and its 200 day moving average price is $11.94. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.23 and a current ratio of 2.40. A.P. Møller – Mærsk A/S has a fifty-two week low of $8.61 and a fifty-two week high of $19.14. The firm has a market capitalization of $39.36 billion, a price-to-earnings ratio of 1.28 and a beta of 1.58.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBYGet Rating) last announced its quarterly earnings results on Wednesday, November 2nd. The transportation company reported $2.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.27 by $0.15. The firm had revenue of $22.77 billion during the quarter. A.P. Møller – Mærsk A/S had a return on equity of 65.23% and a net margin of 36.91%. On average, equities research analysts anticipate that A.P. Møller – Mærsk A/S will post 8.01 EPS for the current fiscal year.

A.P. Møller – Mærsk A/S Company Profile

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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 – A Maersk Company, Hamburg Süd, and APM Terminal brands; and sale of bunker oil.

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