A.P. Moller-Maersk (OTCMKTS:AMKBY) Rating Increased to Hold at Kepler Capital Markets

Kepler Capital Markets upgraded shares of A.P. Moller-Maersk (OTCMKTS:AMKBY) from a reduce rating to a hold rating in a report released on Friday, MarketBeat Ratings reports.

A number of other brokerages have also issued reports on AMKBY. The Goldman Sachs Group lowered A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a research note on Wednesday, January 14th. Citigroup reiterated a “neutral” rating on shares of A.P. Moller-Maersk in a research report on Thursday, November 13th. Wolfe Research reissued an “underperform” rating on shares of A.P. Moller-Maersk in a report on Thursday, January 8th. 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. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of A.P. Moller-Maersk in a research note on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and seven have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Reduce”.

A.P. Moller-Maersk Price Performance

OTCMKTS:AMKBY opened at $12.09 on Friday. The company has a current ratio of 2.16, a quick ratio of 2.05 and a debt-to-equity ratio of 0.08. A.P. Moller-Maersk has a 52 week low of $6.69 and a 52 week high of $12.65. The stock has a 50 day moving average of $11.54 and a 200-day moving average of $10.67. The firm has a market capitalization of $38.27 billion, a PE ratio of 13.74 and a beta of 0.87.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last posted its earnings results 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). A.P. Moller-Maersk had a net margin of 5.05% and a return on equity of 4.86%. The firm had revenue of $13.33 billion for the quarter, compared to analyst estimates of $12.83 billion. Analysts predict that A.P. Moller-Maersk will post 0.41 EPS 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.