AP Moller Maersk has been downgraded from Buy to Neutral by UBS analyst Cristian Nedelcu. The price target has been adjusted to DKK 11,000, down from the previous DKK 13,953.
The reason for the downgrade is the lack of a clear path for the company to achieve a structural re-rating in the near future. This decision reflects the challenges that the shipping and logistics giant is currently facing.
Investors will be closely watching Maersk's performance and strategic direction following this significant change in outlook.