AP Moller’s A shares gained 4.479% to DKK 13,530 ($2,422) each and its B shares added 4.815% to DKK 14,150 apiece in the hours after the quarterly report became public.
Its progress follows a path predicted by analysts at DNB Markets who said a second quarter earnings beat and stronger guidance on 2014 profit would drive the stock up today.
“Consensus is too low on Lines while too high on Oil and we think that the container market recovery is what will drive the stock next three years with container market at the trough,” DNB Markets said.
As
