A P MOLLER-MAER/ADR (OTCMKTS:AMKBY) was upgraded by Zacks Investment Research from a “sell” rating to a “buy” rating in a report released on Wednesday. The firm currently has a $8.00 target price on the transportation company’s stock. Zacks Investment Research‘s price target points to a potential upside of 11.65% from the stock’s current price.
According to Zacks, “A.P. Moeller-Maersk A/S operates as a shipping company. It operates container vessels, tankers, supply ships, special vessels, APM terminials and oil drilling rigs. A.P. Moeller-Maersk A/S is headquartered in Copenhagen, Denmark. “
A P MOLLER-MAER/ADR stock traded down $0.07 during trading on Wednesday, hitting $7.17. 86,358 shares of the company were exchanged, compared to its average volume of 108,972. A P MOLLER-MAER/ADR has a 52 week low of $5.93 and a 52 week high of $10.09. The company has a market capitalization of $15.61 billion, a P/E ratio of 89.56 and a beta of 0.66. The company has a current ratio of 1.63, a quick ratio of 1.57 and a debt-to-equity ratio of 0.48.
About A P MOLLER-MAER/ADR
A.P. Møller – Mærsk A/S operates as an integrated transport and logistics company worldwide. The company's Maersk Line segment provides container shipping services. Its APM Terminals segment engages in the container terminal activities; and provision of inland container services. The company's Damco segment provides freight forwarding and supply chain management services.
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