Hapag-Lloyd (HLAG) PT Set at €39.00 by Warburg Research
HLAG has been the subject of a number of other reports. Kepler Capital Markets set a €40.00 ($49.38) price target on shares of Hapag-Lloyd and gave the company a buy rating in a research report on Monday, November 27th. Deutsche Bank reiterated a buy rating on shares of Hapag-Lloyd in a research report on Thursday. Hauck & Aufhaeuser set a €50.00 ($61.73) price target on shares of Hapag-Lloyd and gave the company a buy rating in a research report on Tuesday, January 16th. Goldman Sachs Group set a €31.00 ($38.27) price target on shares of Hapag-Lloyd and gave the company a neutral rating in a research report on Wednesday, February 28th. Finally, Commerzbank set a €46.00 ($56.79) price target on shares of Hapag-Lloyd and gave the company a buy rating in a research report on Thursday, January 11th. Two investment 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. Hapag-Lloyd presently has a consensus rating of Buy and an average price target of €39.56 ($48.84).
Shares of Hapag-Lloyd (HLAG) opened at €31.90 ($39.38) on Thursday. Hapag-Lloyd has a 1 year low of €24.81 ($30.63) and a 1 year high of €40.20 ($49.63). The firm has a market cap of $5,710.00 and a P/E ratio of 132.92.
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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