A.P. Moller-Maersk (OTCMKTS:AMKBY) Upgraded at Barclays

A.P. Moller-Maersk (OTCMKTS:AMKBY) was upgraded by Barclays from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Friday,Zacks.com reports.

Several other analysts also recently weighed in on AMKBY. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of A.P. Moller-Maersk in a research report on Wednesday, December 17th. Nordea Equity Research cut shares of A.P. Moller-Maersk from a “buy” rating to a “sell” rating in a report on Friday, January 30th. The Goldman Sachs Group downgraded shares of A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a research note on Wednesday, January 14th. Bank of America cut shares of A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a research report on Friday, January 23rd. Finally, Citigroup reaffirmed a “neutral” rating on shares of A.P. Moller-Maersk in a research note on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and eight have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Reduce”.

A.P. Moller-Maersk Stock Up 0.9%

Shares of AMKBY opened at $13.21 on Friday. The firm has a 50 day simple moving average of $12.11 and a two-hundred day simple moving average of $10.93. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.12 and a quick ratio of 2.02. A.P. Moller-Maersk has a one year low of $6.69 and a one year high of $13.50. The company has a market cap of $41.82 billion, a P/E ratio of 15.01 and a beta of 0.87.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last issued its earnings results on Thursday, February 5th. The transportation company reported $0.02 earnings per share 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 4.87%. The business had revenue of $13.33 billion during the quarter, compared to analyst estimates of $12.83 billion. Research analysts forecast that A.P. Moller-Maersk will post 0.41 EPS for the current fiscal year.

A.P. Moller-Maersk Company Profile

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.