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

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBYGet Rating) was downgraded by analysts at AlphaValue to a “buy” rating in a research note issued to investors on Wednesday, The Fly reports.

A number of other equities research analysts have also recently weighed in on AMKBY. UBS Group cut A.P. Møller – Mærsk A/S from a “buy” rating to a “neutral” rating in a research note on Thursday, November 10th. Nordea Equity Research cut A.P. Møller – Mærsk A/S from a “buy” rating to a “hold” rating in a research note on Tuesday, October 11th. Barclays lowered their target price on A.P. Møller – Mærsk A/S from 15,650.00 to 12,450.00 in a research note on Friday, November 4th. Berenberg Bank raised A.P. Møller – Mærsk A/S from a “hold” rating to a “buy” rating in a research note on Friday, October 7th. Finally, Danske cut A.P. Møller – Mærsk A/S from a “hold” rating to a “sell” rating in a research note on Monday, September 26th. Two investment 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. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $23,370.00.

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

Shares of OTCMKTS AMKBY opened at $10.52 on Wednesday. A.P. Møller – Mærsk A/S has a twelve month low of $8.61 and a twelve month high of $19.14. The company has a current ratio of 2.40, a quick ratio of 2.23 and a debt-to-equity ratio of 0.07. The stock has a fifty day simple moving average of $9.98 and a 200-day simple moving average of $11.93. The stock has a market capitalization of $39.36 billion, a PE ratio of 1.28 and a beta of 1.58.

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

About A.P. Møller – Mærsk A/S

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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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