A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Upgraded by Berenberg Bank to Buy


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A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) was upgraded by equities research analysts at Berenberg Bank from a “sell” rating to a “buy” rating in a research report issued on Tuesday, The Fly reports.

Several other research analysts also recently commented on the company. Jefferies Financial Group raised A.P. Møller – Mærsk A/S from a “hold” rating to a “buy” rating in a research note on Tuesday, September 29th. Barclays reaffirmed an “underweight” rating on shares of A.P. Møller – Mærsk A/S in a research note on Thursday, November 19th. Credit Suisse Group reaffirmed an “outperform” rating on shares of A.P. Møller – Mærsk A/S in a research note on Monday, November 23rd. The Goldman Sachs Group reaffirmed a “buy” rating on shares of A.P. Møller – Mærsk A/S in a research note on Wednesday, November 25th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of A.P. Møller – Mærsk A/S in a research note on Friday, November 20th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and nine have assigned a buy rating to the company’s stock. A.P. Møller – Mærsk A/S has an average rating of “Buy” and a consensus target price of $13.00.

Shares of OTCMKTS AMKBY opened at $12.18 on Tuesday. The company has a current ratio of 1.27, a quick ratio of 1.17 and a debt-to-equity ratio of 0.25. The company has a market cap of $48.78 billion, a price-to-earnings ratio of 32.04 and a beta of 1.32. A.P. Møller – Mærsk A/S has a 12 month low of $3.54 and a 12 month high of $12.19. The stock has a 50-day moving average price of $10.94 and a two-hundred day moving average price of $8.37.

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 firm had revenue of $9.92 billion during the quarter, compared to the consensus estimate of $10.37 billion. A.P. Møller – Mærsk A/S had a return on equity of 5.59% and a net margin of 3.88%. On average, sell-side analysts predict that A.P. Møller – Mærsk A/S will post 0.63 earnings per share for the current year.

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

A.P. Møller – Mærsk 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 Süd, and APM Terminal brands.

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

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