A P MOLLER-MAER/ADR (OTCMKTS:AMKBY) Upgraded to Buy by Zacks Investment Research

A P MOLLER-MAER/ADR (OTCMKTS:AMKBY) was upgraded by Zacks Investment Research from a “sell” rating to a “buy” rating in a research note issued to investors on Monday, Zacks.com reports. The brokerage presently has a $7.50 price objective on the transportation company’s stock. Zacks Investment Research‘s target price would indicate a potential upside of 13.98% from the stock’s current price.

According to Zacks, “A.P. Moeller-Maersk A/S operates as a shipping company. It operates container vessels, tankers, supply ships, special vessels, APM terminials and oil drilling rigs. A.P. Moeller-Maersk A/S is headquartered in Copenhagen, Denmark. “

Separately, Goldman Sachs Group cut shares of A P MOLLER-MAER/ADR from a “buy” rating to a “neutral” rating in a report on Wednesday, October 16th.

Shares of A P MOLLER-MAER/ADR stock traded down $0.09 during trading on Monday, hitting $6.58. The stock had a trading volume of 20,327 shares, compared to its average volume of 111,688. The firm has a market cap of $27.23 billion, a price-to-earnings ratio of 131.60 and a beta of 1.03. A P MOLLER-MAER/ADR has a 12 month low of $5.07 and a 12 month high of $7.57. The business’s 50-day moving average is $5.92 and its 200 day moving average is $5.78. The company has a current ratio of 1.13, a quick ratio of 1.03 and a debt-to-equity ratio of 0.53.

A P MOLLER-MAER/ADR (OTCMKTS:AMKBY) last released its quarterly earnings results on Thursday, August 15th. The transportation company reported $0.04 earnings per share for the quarter. The firm had revenue of $9.63 billion for the quarter, compared to analysts’ expectations of $9.85 billion. A P MOLLER-MAER/ADR had a negative net margin of 0.20% and a positive return on equity of 0.97%. As a group, equities analysts expect that A P MOLLER-MAER/ADR will post 0.1 EPS for the current year.

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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