A P MOLLER-MAER/ADR (OTCMKTS:AMKBY) Receives $7.50 Consensus Price Target from Brokerages

Shares of A P MOLLER-MAER/ADR (OTCMKTS:AMKBY) have been given an average recommendation of “Hold” by the six analysts that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, two have given a hold recommendation and one has given a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $7.50.

Several equities analysts recently issued reports on AMKBY shares. DNB Markets cut A P MOLLER-MAER/ADR from a “hold” rating to a “sell” rating in a research report on Monday, November 18th. Goldman Sachs Group lowered A P MOLLER-MAER/ADR from a “buy” rating to a “neutral” rating in a report on Wednesday, October 16th. Zacks Investment Research raised A P MOLLER-MAER/ADR from a “sell” rating to a “buy” rating and set a $7.50 target price for the company in a report on Monday, November 11th. JPMorgan Chase & Co. started coverage on A P MOLLER-MAER/ADR in a report on Friday, November 29th. They set an “underweight” rating on the stock. Finally, Berenberg Bank downgraded A P MOLLER-MAER/ADR from a “buy” rating to a “hold” rating in a report on Friday, November 22nd.

Shares of OTCMKTS:AMKBY traded down $0.04 during trading on Friday, reaching $6.96. 60,028 shares of the stock traded hands, compared to its average volume of 179,378. The stock has a market cap of $28.79 billion, a P/E ratio of 139.20 and a beta of 1.09. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.03 and a current ratio of 1.13. The stock has a 50-day moving average of $6.54 and a two-hundred day moving average of $5.83. A P MOLLER-MAER/ADR has a 52-week low of $5.07 and a 52-week high of $7.57.

A P MOLLER-MAER/ADR Company Profile

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 services, container services, and container storage, as well as transhipment services under Maersk Line, Safmarine, Sealand – A Maersk Company, Hamburg Süd, and APM Terminal brands.

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Analyst Recommendations for A P MOLLER-MAER/ADR (OTCMKTS:AMKBY)

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