A.P. Møller-Maersk A/S has been downgraded by UBS from buy to neutral due to a change in market sentiment towards the company.
A.P. Møller-Maersk operates a diverse fleet of over 707 vessels, including container ships, tugs, and gas tankers, and also provides port and logistics services. The company is involved in shipyard construction and manages factories producing plastic and rubber products.
Its sales are primarily distributed in the United States, accounting for 22.4% of net sales, with smaller contributions from China, Germany, and the United Kingdom.