A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Rating Lowered to Underweight at Morgan Stanley

Posted by Oscar Bower on Dec 4th, 2024

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY – Get Free Report) was downgraded by equities research analysts at Morgan Stanley from an “equal weight” rating to an “underweight” rating in a research note issued to investors on Wednesday,Briefing.com Automated Import reports.

Several other equities research analysts have also issued reports on AMKBY. UBS Group lowered shares of A.P. Møller – Mærsk A/S from a “buy” rating to a “neutral” rating in a research note on Thursday, October 17th. JPMorgan Chase & Co. began coverage on shares of A.P. Møller – Mærsk A/S in a research note on Tuesday, September 10th. They set an “underweight” rating on the stock. Finally, Wolfe Research cut A.P. Møller – Mærsk A/S from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 9th. Four analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold”.

Check Out Our Latest Stock Analysis on A.P. Møller – Mærsk A/S

A.P. Møller – Mærsk A/S Trading Up 2.5 %

Shares of AMKBY stock opened at $8.85 on Wednesday. A.P. Møller – Mærsk A/S has a 12-month low of $6.26 and a 12-month high of $10.53. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.41 and a quick ratio of 2.28. The firm has a fifty day moving average of $7.89 and a 200-day moving average of $8.03.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY – Get Free Report) last posted its earnings results on Thursday, October 31st. The transportation company reported $0.99 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.99. The business had revenue of $15.76 billion during the quarter, compared to analysts’ expectations of $15.66 billion. A.P. Møller – Mærsk A/S had a return on equity of 6.48% and a net margin of 6.82%. Sell-side analysts predict that A.P. Møller – Mærsk A/S will post 1.46 EPS for the current fiscal year.

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

(Get Free Report)

A.P. Møller – Mærsk A/S, together with its subsidiaries, engages in the ocean transport and logistics business in Denmark and internationally. It operates through Ocean, Logistics & Services, Terminals, and Towage & Maritime Services segments. The Ocean segment is involved in container shipping activities, including demurrage and detention, terminal handling, documentation and container services, and container storage, as well as transshipment hubs.