In a report released on September 30, Axel Styrman from Kepler Capital maintained a Sell rating on A.P. Moeller Maersk A/S, with a price target of DKK10,400.00. The company’s shares closed last Tuesday at DKK12,465.00.
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Styrman covers the Energy sector, focusing on stocks such as Frontline, Euronav, and BW LPG Ltd. According to TipRanks, Styrman has an average return of -5.7% and a 39.26% success rate on recommended stocks.
In addition to Kepler Capital , A.P. Moeller Maersk A/S also received a Sell from J.P. Morgan’s Alexia Dogani in a report issued on September 30. However, on the same day, UBS maintained a Hold rating on A.P. Moeller Maersk A/S (LSE: 0O77).
Based on A.P. Moeller Maersk A/S’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of DKK13.13 billion and a net profit of DKK586 million. In comparison, last year the company earned a revenue of DKK12.77 billion and had a net profit of DKK798 million
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- AP Moller Maersk downgraded to Underperform from Neutral at BNP Paribas Exane
- AP Moller Maersk price target lowered to DKK 11,400 at Morgan Stanley
- AP Moller Maersk downgraded to Neutral from Buy at Clarksons
- AP Moller Maersk price target raised to DKK 8,450 from DKK 7,800 at JPMorgan
- AP Moller Maersk price target raised to DKK 14,021 from DKK 13,284 at Citi
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