Home » Economy » Maersk shares jump 3.1% after JPMorgan report

Maersk shares jump 3.1% after JPMorgan report

by Alexandra Hartman Editor-in-Chief

2023-12-13 14:20:52

Danish shipping company Maersk’s shares jumped by regarding 3.1 percent during Wednesday’s trading.

What is the reason for this increase?

Maersk shares received strong support today as a result of JP Morgan’s huge increase in the target price for its shares by approximately 33 percent compared to the last closing price.

In a report, the bank expected further growth in container volume during 2024 by regarding five percent compared to current levels, indicating that the company’s financial results witnessed a stronger than expected end to 2023.

1702479595
#Maersk #shares #jump #JPMorgan #report

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Adblock Detected

Please support us by disabling your AdBlocker extension from your browsers for our website.