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

Shares of A.P. Moller-Maersk (OTCMKTS:AMKBY) have received a consensus recommendation of “Reduce” from the thirteen brokerages that are presently covering the company, MarketBeat.com reports. Six analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and one has given a strong buy recommendation to the company.

AMKBY has been the topic of several analyst reports. Barclays upgraded shares of A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a report on Friday, March 6th. The Goldman Sachs Group upgraded A.P. Moller-Maersk from a “sell” rating to a “neutral” rating in a research note on Friday. Fearnley Fonds raised A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a report on Thursday, June 11th. Morgan Stanley reaffirmed an “underweight” rating on shares of A.P. Moller-Maersk in a research report on Wednesday, June 24th. Finally, Citigroup reiterated a “neutral” rating on shares of A.P. Moller-Maersk in a report on Thursday, June 25th.

A.P. Moller-Maersk Stock Performance

AMKBY opened at $12.45 on Monday. A.P. Moller-Maersk has a 1 year low of $9.23 and a 1 year high of $14.32. The business has a fifty day simple moving average of $12.15 and a 200 day simple moving average of $12.20. The company has a market capitalization of $39.41 billion, a PE ratio of 23.49 and a beta of 0.71. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.98 and a quick ratio of 1.85.

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.