MARKET TALK: AP Moller Maersk Up As Market Hopes For Change Rise

[LEFT]1029 GMT 16 April [Dow Jones] AP Moller Maersk (MAERSK-A.KO) shares trade higher on speculation that Monday’s passing of the company’s grand old man and major shareholder Maersk Mc-Kinney Moller at age 98 could increase the chance of structural moves, says Jesper Christensen at Alm Brand Markets. Though he personally doesn’t agree, Christensen says the market believes it may now become easier to make decisions such as a share split and the sale of some non-core assets. Alm Brand has a buy rating on the stock, with a DKK51,000 target. Shares +2.7% at DKK42,440.

  • Niclas Rolander, Dow Jones Newswires[/LEFT]