A.P. Moller-Maersk (OTCMKTS:AMKBY – Get Free Report) has been assigned an average rating of “Reduce” from the thirteen research firms that are covering the firm, Marketbeat.com reports. Eight investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation and one has issued a strong buy recommendation on the company.
AMKBY has been the subject of several analyst reports. The Goldman Sachs Group lowered A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a research report on Wednesday, January 14th. Bank of America downgraded shares of A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a research report on Friday, January 23rd. Citigroup reissued a “neutral” rating on shares of A.P. Moller-Maersk in a research note on Monday, February 9th. Barclays upgraded shares of A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a report on Friday, March 6th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of A.P. Moller-Maersk in a research note on Wednesday, December 17th.
Check Out Our Latest Research Report on AMKBY
A.P. Moller-Maersk Stock Performance
A.P. Moller-Maersk (OTCMKTS:AMKBY – Get Free Report) last announced its quarterly earnings data on Thursday, February 5th. The transportation company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.10). The company had revenue of $13.33 billion for the quarter, compared to analyst estimates of $12.83 billion. A.P. Moller-Maersk had a return on equity of 4.87% and a net margin of 5.05%. Equities research analysts forecast 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.
Further Reading
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