A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Given Average Rating of “Hold” by Brokerages

Shares of A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY – Get Rating) have received a consensus recommendation of “Hold” from the ten brokerages that are currently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $19,725.00.

Several equities research analysts recently weighed in on the stock. Kepler Capital Markets raised shares of A.P. Møller – Mærsk A/S from a “hold” rating to a “buy” rating in a research report on Monday, May 8th. Danske raised shares of A.P. Møller – Mærsk A/S from a “sell” rating to a “hold” rating in a research report on Thursday, February 9th.

A.P. Møller – Mærsk A/S Price Performance

Shares of OTCMKTS AMKBY opened at $8.42 on Wednesday. A.P. Møller – Mærsk A/S has a fifty-two week low of $8.30 and a fifty-two week high of $15.60. The company has a 50 day simple moving average of $9.45 and a two-hundred day simple moving average of $10.44. The company has a market capitalization of $31.50 billion, a price-to-earnings ratio of 1.03 and a beta of 1.47. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.50 and a current ratio of 2.64.

A.P. Møller – Mærsk A/S Increases Dividend

The business also recently announced a dividend, which was paid on Monday, April 17th. Investors of record on Thursday, March 30th were issued a $2.2074 dividend. The ex-dividend date of this dividend was Wednesday, March 29th. This represents a yield of 19.64%. This is a boost from A.P. Møller – Mærsk A/S’s previous dividend of $1.35. A.P. Møller – Mærsk A/S’s dividend payout ratio (DPR) is currently 27.32%.

About A.P. Møller – Mærsk A/S

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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.