A.P. Moller-Maersk (OTCMKTS:AMKBY) Upgraded at Kepler Capital Markets

A.P. Moller-Maersk (OTCMKTS:AMKBY) was upgraded by Kepler Capital Markets from a “reduce” rating to a “hold” rating in a research note issued to investors on Friday, MarketBeat.com reports.

A number of other analysts have also recently commented on AMKBY. Citigroup restated a “neutral” rating on shares of A.P. Moller-Maersk in a research report on Thursday, November 13th. The Goldman Sachs Group downgraded A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a research note on Wednesday, January 14th. Nordea Equity Research cut shares of A.P. Moller-Maersk from a “buy” rating to a “sell” rating in a research note on Friday, January 30th. Bank of America lowered shares of A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a research report on Friday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of A.P. Moller-Maersk in a research note on Wednesday, December 17th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and seven have issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Reduce”.

A.P. Moller-Maersk Price Performance

OTCMKTS AMKBY opened at $12.09 on Friday. The company has a 50-day moving average price of $11.50 and a 200-day moving average price of $10.65. A.P. Moller-Maersk has a 52 week low of $6.69 and a 52 week high of $12.65. The company has a quick ratio of 2.05, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $38.27 billion, a P/E ratio of 7.70 and a beta of 0.87.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last posted its quarterly earnings data on Thursday, February 5th. The transportation company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.10). The business had revenue of $13.33 billion during the quarter, compared to analysts’ expectations of $12.83 billion. A.P. Moller-Maersk had a return on equity of 8.51% and a net margin of 8.83%. Equities research analysts anticipate that A.P. Moller-Maersk will post 0.41 earnings per share for the current year.

About A.P. Moller-Maersk

A.P. Moller-Maersk A/S is a Danish integrated transport and logistics company headquartered in Copenhagen. Operating under the Maersk brand worldwide, the group provides container shipping and end-to-end logistics services, combining ocean freight with land-based transportation, contract logistics, warehousing, and supply chain management for global shippers and manufacturers.

The company’s core activities include container shipping operations, terminal services through APM Terminals, and a growing logistics and services business that offers freight forwarding, customs brokerage, inland transportation and warehousing.