A.P. Moller-Maersk (OTCMKTS:AMKBY) Stock Now Rated “Hold” by Sell-Side Analysts

A.P. Moller-Maersk (OTCMKTS:AMKBY – Get Free Report) has earned an average rating of “Hold” from the twelve ratings firms that are currently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and two have issued a strong buy recommendation on the company.

AMKBY has been the topic of a number of recent research reports. The Goldman Sachs Group upgraded shares of A.P. Moller-Maersk from a “sell” rating to a “hold” rating in a report on Friday, July 3rd. Morgan Stanley reissued an “underweight” rating on shares of A.P. Moller-Maersk in a research note on Friday, September 4th. Zacks Research upgraded A.P. Moller-Maersk from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 7th. Citigroup reaffirmed a “neutral” rating on shares of A.P. Moller-Maersk in a research report on Tuesday, September 29th. Finally, Fearnley Fonds raised A.P. Moller-Maersk from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 21st.

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A.P. Moller-Maersk Stock Down 0.5%

Shares of OTCMKTS AMKBY opened at $18.39 on Wednesday. The company has a 50 day simple moving average of $16.83 and a 200 day simple moving average of $13.92. The firm has a market cap of $58.22 billion, a PE ratio of 23.58 and a beta of 0.71. A.P. Moller-Maersk has a 1 year low of $9.32 and a 1 year high of $18.76. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.03 and a quick ratio of 1.90.

A.P. Moller-Maersk (OTCMKTS:AMKBY – Get Free Report) last posted its earnings results on Thursday, August 13th. The transportation company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.31. A.P. Moller-Maersk had a net margin of 4.08% and a return on equity of 4.39%. The firm had revenue of $15.76 billion for the quarter, compared to analyst estimates of $14.07 billion. On average, research analysts forecast that A.P. Moller-Maersk will post 2.52 EPS for the current year.

About A.P. Moller-Maersk

(Get Free Report)

A.P. Moller-Maersk A/S is a Danish integrated logistics and transportation company headquartered in Copenhagen. Founded in 1904 by A.P. Møller, the company has developed from a shipping business into a global provider of end-to-end supply-chain services.

Maersk’s principal business is ocean transportation, connecting customers and markets through container shipping services. The company also operates port terminals and provides logistics services, including warehousing, customs support, inland transportation, air freight and supply-chain management.

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