A.P. Møller-Maersk A/S has been downgraded by UBS from a buy rating to a neutral rating due to a change in market sentiment.
The company operates a diverse fleet of over 707 vessels, including container ships, tugs, and gas carriers, and also provides port and logistical services.
In terms of net sales, the United States is the largest contributor at 22.4%, followed by Denmark at 1.7%, China and Hong Kong at 5.5%, and Germany at 3.3%. Other significant markets for the company include the United Kingdom, Netherlands, Brazil, and Mexico, which collectively contribute a substantial portion of its revenue.