A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) had its price target raised by investment analysts at JPMorgan Chase & Co. from 26,965.00 to 30,355.00 in a research note issued to investors on Thursday, The Fly reports.
Other equities analysts also recently issued reports about the company. UBS Group raised A.P. Møller – Mærsk A/S from a “neutral” rating to a “buy” rating in a research report on Monday, October 25th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of A.P. Møller – Mærsk A/S in a report on Monday, November 1st. Zacks Investment Research lowered shares of A.P. Møller – Mærsk A/S from a “strong-buy” rating to a “hold” rating in a report on Monday, January 3rd. Danske raised shares of A.P. Møller – Mærsk A/S from a “sell” rating to a “hold” rating in a report on Friday, September 17th. Finally, DNB Markets raised shares of A.P. Møller – Mærsk A/S from a “sell” rating to a “hold” rating in a research note on Monday, November 1st. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, A.P. Møller – Mærsk A/S currently has an average rating of “Hold” and an average target price of $19,078.00.
Shares of OTCMKTS AMKBY opened at $18.33 on Thursday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.71 and a current ratio of 1.84. The firm has a market capitalization of $73.44 billion, a price-to-earnings ratio of 5.33 and a beta of 1.49. The stock has a 50 day moving average price of $16.41 and a 200 day moving average price of $15.07. A.P. Møller – Mærsk A/S has a 52-week low of $10.00 and a 52-week high of $19.14.
A.P. Møller – Mærsk A/S Company Profile
A.P. Møller-Mærsk A/S engages in shipping, energy, transportation, offshore drilling, and retail activities. It operates through the following segments: Ocean, Logistics and Services, Terminals and Towage, and Manufacturing and Others. The Ocean segment includes global container shipping activities including strategic transhipment hubs and sale of bunker oil.
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