A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Downgraded to “Hold” at Zacks Investment Research
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. “
Other equities analysts have also issued reports about the stock. JPMorgan Chase & Co. reaffirmed an overweight rating on shares of A.P. Møller – Mærsk A/S in a research report on Tuesday. Barclays reaffirmed an underweight rating on shares of A.P. Møller – Mærsk A/S in a research report on Thursday, November 19th. Credit Suisse Group reaffirmed an outperform rating on shares of A.P. Møller – Mærsk A/S in a research report on Monday, November 23rd. Morgan Stanley raised shares of A.P. Møller – Mærsk A/S from an equal weight rating to an overweight rating in a research report on Monday, December 14th. Finally, Jefferies Financial Group raised shares of A.P. Møller – Mærsk A/S from a hold rating to a buy rating in a report on Tuesday, September 29th. Two analysts have rated the stock with a sell rating, one has given a hold rating and nine have assigned a buy rating to the company’s stock. A.P. Møller – Mærsk A/S has a consensus rating of Buy and an average target price of $13.00.
A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last issued its earnings results on Wednesday, November 18th. The transportation company reported $0.27 EPS for the quarter. The business had revenue of $9.92 billion for the quarter, compared to analyst estimates of $10.37 billion. A.P. Møller – Mærsk A/S had a net margin of 3.88% and a return on equity of 5.59%. Research analysts anticipate that A.P. Møller – Mærsk A/S will post 0.63 earnings per share for the current fiscal year.
About A.P. Møller – Mærsk A/S
A.P. MÃ¸ller – MÃ¦rsk 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 Â- A Maersk Company, Hamburg SÃ¼d, and APM Terminal brands.
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