A.P. Moller-Maersk (OTCMKTS:AMKBY) Given Consensus Rating of “Reduce” by Brokerages

A.P. Moller-Maersk (OTCMKTS:AMKBY) has received a consensus recommendation of “Reduce” from the eight analysts that are presently covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a strong buy rating on the company.

AMKBY has been the topic of several recent analyst reports. Hsbc Global Res upgraded shares of A.P. Moller-Maersk to a “strong-buy” rating in a research report on Monday, September 29th. BNP Paribas cut A.P. Moller-Maersk to a “strong sell” rating in a report on Wednesday, September 17th. BNP Paribas Exane lowered A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a research note on Wednesday, September 17th. Wolfe Research reiterated an “underperform” rating on shares of A.P. Moller-Maersk in a research report on Thursday. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of A.P. Moller-Maersk in a report on Wednesday, December 17th.

A.P. Moller-Maersk Stock Down 0.4%

OTCMKTS AMKBY opened at $11.72 on Monday. A.P. Moller-Maersk has a 52 week low of $6.69 and a 52 week high of $12.18. The company has a quick ratio of 2.05, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $37.10 billion, a P/E ratio of 7.47 and a beta of 0.88. The stock’s 50-day moving average price is $10.66 and its 200-day moving average price is $10.33.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last released its earnings results on Thursday, November 6th. The transportation company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.51 by ($0.20). A.P. Moller-Maersk had a return on equity of 8.51% and a net margin of 8.83%.The firm had revenue of $14.21 billion during the quarter, compared to analysts’ expectations of $13.44 billion. On average, equities research analysts predict that A.P. Moller-Maersk will post 0.41 earnings per share 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.