JPMorgan Chase & Co. assumed coverage on shares of A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY – Free Report) in a research note released on Tuesday, StockNewsAPI reports. The brokerage issued an underweight rating on the transportation company’s stock.
Separately, Wolfe Research started coverage on A.P. Møller – Mærsk A/S in a research report on Monday, July 15th. They set a peer perform rating on the stock. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of Hold.
Get Our Latest Stock Analysis on AMKBY
A.P. Møller – Mærsk A/S Trading Up 0.4 %
A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY – Get Free Report) last released its quarterly earnings results on Wednesday, August 7th. The transportation company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.01. The company had revenue of $12.77 billion for the quarter, compared to analyst estimates of $13.13 billion. A.P. Møller – Mærsk A/S had a return on equity of 1.62% and a net margin of 2.16%. Sell-side analysts anticipate that A.P. Møller – Mærsk A/S will post 1.11 earnings per share for the current fiscal year.
A.P. Møller – Mærsk A/S Company Profile
A.P. Møller – Mærsk A/S, together with its subsidiaries, engages in the ocean transport and logistics business in Denmark and internationally. It operates through Ocean, Logistics & Services, Terminals, and Towage & Maritime Services segments. The Ocean segment is involved in container shipping activities, including demurrage and detention, terminal handling, documentation and container services, and container storage, as well as transshipment hubs.
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