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AMKBF - Maersk: Share Price Is Down But We Are Pessimistic On Its Future
March, 01 2023 06:59 PM
A.P Moeller-Maersk A/S B
Summary Last year was a record year in terms of earnings and cash for the world's second-largest container shipper, A.P. Møller - Mærsk A/S. We believe the market has peaked and we will potentially see losses in years to come. Maersk is pivoting towards its logistic business which has a lower ROIC. We conclude our initial coverage with a Sell stance for A.P. Møller - Mærsk A/S. For further details see:
Maersk: Share Price Is Down, But We Are Pessimistic On Its Future
Stock Information
Company Name:
A.P Moeller-Maersk A/S B
Stock Symbol:
AMKBF
Market:
OTC
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