Berenberg Bank Reiterates “€37.00” Price Target for Hapag-Lloyd AG (HLAG)
HLAG has been the subject of several other research reports. Warburg Research set a €42.00 ($50.00) price objective on Hapag-Lloyd AG and gave the company a buy rating in a research note on Thursday, September 7th. HSBC Holdings plc set a €29.00 ($34.52) price objective on Hapag-Lloyd AG and gave the company a sell rating in a research note on Thursday, August 31st. Goldman Sachs Group, Inc. (The) set a €30.00 ($35.71) price objective on Hapag-Lloyd AG and gave the company a neutral rating in a research note on Wednesday, August 30th. Hauck & Aufhaeuser set a €37.20 ($44.29) price objective on Hapag-Lloyd AG and gave the company a buy rating in a research note on Wednesday, June 14th. Finally, Kepler Capital Markets set a €31.00 ($36.90) price objective on Hapag-Lloyd AG and gave the company a neutral rating in a research note on Thursday, June 8th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company’s stock. The company has an average rating of Buy and a consensus target price of €37.20 ($44.29).
Shares of Hapag-Lloyd AG (HLAG) opened at 38.462 on Tuesday. Hapag-Lloyd AG has a 52-week low of €16.98 and a 52-week high of €38.46. The firm’s 50 day moving average is €35.52 and its 200 day moving average is €30.09. The stock’s market capitalization is €5.27 billion.
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Hapag-Lloyd AG Company Profile
Hapag-Lloyd Aktiengesellschaft, together with its subsidiaries, operates as a container liner shipping company worldwide. The company is involved in the shipping of containers by sea. It offers dry, reefer, dangerous goods, and special cargo services, as well as coffee transport services The company owns or leases 959,249 containers with a capacity of approximately 1,576,163 TEU for shipping cargo.
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