Goldman Sachs Group set a €31.00 ($38.27) price objective on Hapag-Lloyd (ETR:HLAG) in a research report released on Wednesday morning. The brokerage currently has a neutral rating on the stock.

A number of other research analysts have also weighed in on HLAG. Berenberg Bank set a €40.00 ($49.38) price objective on Hapag-Lloyd and gave the company a buy rating in a report on Friday, October 20th. Deutsche Bank set a €41.00 ($50.62) price objective on Hapag-Lloyd and gave the company a buy rating in a report on Tuesday, October 31st. Kepler Capital Markets set a €40.00 ($49.38) price objective on Hapag-Lloyd and gave the company a buy rating in a report on Monday, November 27th. Warburg Research set a €39.00 ($48.15) price objective on Hapag-Lloyd and gave the company a buy rating in a report on Monday, November 27th. Finally, Hauck & Aufhaeuser set a €50.00 ($61.73) price objective on Hapag-Lloyd and gave the company a buy rating in a report on Tuesday, January 9th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the company. The stock presently has a consensus rating of Buy and an average price target of €39.56 ($48.84).

Hapag-Lloyd (ETR HLAG) opened at €31.04 ($38.32) on Wednesday. The firm has a market capitalization of $5,460.00 and a PE ratio of 129.33. Hapag-Lloyd has a 1-year low of €24.81 ($30.63) and a 1-year high of €40.20 ($49.63).

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About Hapag-Lloyd

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.

Analyst Recommendations for Hapag-Lloyd (ETR:HLAG)

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