A.P. Moller-Maersk (OTCMKTS:AMKBY) Given Consensus Rating of “Reduce” by Analysts

Shares of A.P. Moller-Maersk (OTCMKTS:AMKBY) have received an average recommendation of “Reduce” from the thirteen ratings firms that are covering the firm, Marketbeat reports. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a strong buy rating to the company.

Several analysts have commented on the stock. Fearnley Fonds upgraded shares of A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a report on Thursday, June 11th. The Goldman Sachs Group raised shares of A.P. Moller-Maersk from a “sell” rating to a “hold” rating in a research report on Friday, July 3rd. Citigroup reaffirmed a “neutral” rating on shares of A.P. Moller-Maersk in a research note on Monday. Morgan Stanley reissued an “underweight” rating on shares of A.P. Moller-Maersk in a research report on Wednesday, June 24th. Finally, Nordea Equity Research upgraded A.P. Moller-Maersk from a “sell” rating to a “hold” rating in a research note on Friday.

A.P. Moller-Maersk Trading Up 5.0%

OTCMKTS AMKBY opened at $16.70 on Tuesday. The stock has a market cap of $52.87 billion, a P/E ratio of 21.41 and a beta of 0.70. A.P. Moller-Maersk has a fifty-two week low of $9.23 and a fifty-two week high of $16.83. The stock has a 50 day simple moving average of $12.90 and a two-hundred day simple moving average of $12.53. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.85 and a current ratio of 1.98.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last announced its earnings results on Thursday, August 13th. The transportation company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.31. The company had revenue of $15.76 billion during the quarter, compared to the consensus estimate of $14.07 billion. A.P. Moller-Maersk had a return on equity of 4.38% and a net margin of 4.08%. On average, analysts forecast that A.P. Moller-Maersk will post 1.13 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.