A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Downgraded to “Hold” at Berenberg Bank

Berenberg Bank downgraded shares of A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) from a buy rating to a hold rating in a research report report published on Monday morning, The Fly reports.

A number of other research analysts also recently commented on AMKBY. Morgan Stanley reissued an overweight rating on shares of A.P. Møller – Mærsk A/S in a report on Monday, August 9th. Credit Suisse Group reissued an outperform rating on shares of A.P. Møller – Mærsk A/S in a report on Friday. DNB Markets downgraded A.P. Møller – Mærsk A/S from a hold rating to a sell rating in a report on Thursday, July 1st. BNP Paribas raised A.P. Møller – Mærsk A/S from a neutral rating to an outperform rating in a report on Friday, June 18th. Finally, Danske raised A.P. Møller – Mærsk A/S from a sell rating to a hold rating in a report on Friday. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of Hold and an average target price of $12.00.

Shares of OTCMKTS AMKBY opened at $14.73 on Monday. A.P. Møller – Mærsk A/S has a 1-year low of $7.15 and a 1-year high of $15.92. The business has a 50-day moving average of $14.42 and a 200-day moving average of $13.54. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.59 and a quick ratio of 1.44. The company has a market capitalization of $59.01 billion, a price-to-earnings ratio of 6.58 and a beta of 1.44.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last issued its earnings results on Friday, August 6th. The transportation company reported $0.97 earnings per share for the quarter. The company had revenue of $14.23 billion during the quarter. A.P. Møller – Mærsk A/S had a return on equity of 27.74% and a net margin of 18.05%. Research analysts expect that A.P. Møller – Mærsk A/S will post 2.92 EPS for the current fiscal year.

A.P. Møller – Mærsk A/S Company Profile

A.P. Møller-Mærsk A/S engages in shipping, energy, transportation, offshore drilling, and retail activities. It operates through the following segments: Ocean, Logistics and Services, Terminals and Towage, and Manufacturing and Others. The Ocean segment includes global container shipping activities including strategic transhipment hubs and sale of bunker oil.

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Analyst Recommendations for A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY)

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