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

Shares of A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY – Get Rating) have been given a consensus rating of “Hold” by the ten brokerages that are currently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $19,725.00.

Several research analysts have commented on AMKBY shares. Danske raised A.P. Møller – Mærsk A/S from a “sell” rating to a “hold” rating in a report on Thursday, February 9th. Kepler Capital Markets raised A.P. Møller – Mærsk A/S from a “hold” rating to a “buy” rating in a report on Monday, May 8th.

A.P. Møller – Mærsk A/S Trading Down 1.2 %

OTCMKTS AMKBY opened at $8.42 on Wednesday. The company has a quick ratio of 2.50, a current ratio of 2.64 and a debt-to-equity ratio of 0.06. A.P. Møller – Mærsk A/S has a twelve month low of $8.30 and a twelve month high of $15.60. The company has a market cap of $31.50 billion, a price-to-earnings ratio of 1.03 and a beta of 1.47. The business’s fifty day moving average is $9.45 and its 200 day moving average is $10.44.

A.P. Møller – Mærsk A/S Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, April 17th. Stockholders of record on Thursday, March 30th were paid a $2.2074 dividend. This represents a dividend yield of 19.64%. The ex-dividend date was Wednesday, March 29th. This is an increase from A.P. Møller – Mærsk A/S’s previous dividend of $1.35. A.P. Møller – Mærsk A/S’s payout ratio is presently 27.32%.

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

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A.P. Møller-Mærsk A/S engages in shipping, energy, transportation, offshore drilling, and retail activities. It operates through the following segments: Ocean, Logistics and Services, Terminals and Towage, and Manufacturing and Others. The Ocean segment includes global container shipping activities including strategic transhipment hubs and sale of bunker oil.