A.P. Moller-Maersk (OTCMKTS:AMKBY) Raised to Hold at Kepler Capital Markets

A.P. Moller-Maersk (OTCMKTS:AMKBY) was upgraded by stock analysts at Kepler Capital Markets from a “reduce” rating to a “hold” rating in a research report issued to clients and investors on Friday, MarketBeat.com reports.

Other analysts also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of A.P. Moller-Maersk in a research report on Wednesday, December 17th. Nordea Equity Research cut shares of A.P. Moller-Maersk from a “buy” rating to a “sell” rating in a report on Friday, January 30th. The Goldman Sachs Group downgraded shares of A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a research note on Wednesday, January 14th. Wolfe Research restated an “underperform” rating on shares of A.P. Moller-Maersk in a research report on Thursday, January 8th. Finally, Bank of America downgraded A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a research note on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and seven have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce”.

A.P. Moller-Maersk Price Performance

Shares of OTCMKTS AMKBY opened at $12.09 on Friday. The stock has a market cap of $38.27 billion, a PE ratio of 13.74 and a beta of 0.87. 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 has a 52-week low of $6.69 and a 52-week high of $12.65. The business has a 50-day moving average price of $11.54 and a 200 day moving average price of $10.67.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last released its quarterly earnings results on Thursday, February 5th. The transportation company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.10). A.P. Moller-Maersk had a return on equity of 4.86% and a net margin of 5.05%.The firm had revenue of $13.33 billion for the quarter, compared to analyst estimates of $12.83 billion. Equities research analysts forecast that A.P. Moller-Maersk will post 0.41 earnings per share for the current year.

A.P. Moller-Maersk Company Profile

A.P. Moller-Maersk A/S is a Danish integrated transport and logistics company headquartered in Copenhagen. Operating under the Maersk brand worldwide, the group provides container shipping and end-to-end logistics services, combining ocean freight with land-based transportation, contract logistics, warehousing, and supply chain management for global shippers and manufacturers.

The company’s core activities include container shipping operations, terminal services through APM Terminals, and a growing logistics and services business that offers freight forwarding, customs brokerage, inland transportation and warehousing.