A.P. Moller-Maersk (OTCMKTS:AMKBY – Get Free Report) has received a consensus recommendation of “Hold” from the twelve brokerages that are presently covering the stock, MarketBeat reports. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a strong buy rating on the company.
A number of analysts have weighed in on the stock. Morgan Stanley reissued an “underweight” rating on shares of A.P. Moller-Maersk in a report on Friday, September 4th. Fearnley Fonds raised shares of A.P. Moller-Maersk from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 21st. The Goldman Sachs Group raised A.P. Moller-Maersk from a “sell” rating to a “hold” rating in a report on Friday, July 3rd. Citigroup reiterated a “neutral” rating on shares of A.P. Moller-Maersk in a research report on Tuesday, September 29th. Finally, Nordea Equity Research raised A.P. Moller-Maersk from a “sell” rating to a “hold” rating in a report on Friday, August 14th.
Read Our Latest Report on AMKBY
A.P. Moller-Maersk Stock Performance
A.P. Moller-Maersk (OTCMKTS:AMKBY – Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The transportation company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.31. The company had revenue of $15.76 billion during the quarter, compared to analysts’ expectations of $14.07 billion. A.P. Moller-Maersk had a return on equity of 4.39% and a net margin of 4.08%. On average, equities analysts expect that A.P. Moller-Maersk will post 2.52 EPS for the current year.
A.P. Moller-Maersk Company Profile
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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