Hapag-Lloyd (HLAG) Given a €36.00 Price Target at Berenberg Bank

Berenberg Bank set a €36.00 ($44.44) price objective on Hapag-Lloyd (ETR:HLAG) in a research note published on Friday. The firm currently has a buy rating on the stock.

A number of other equities research analysts also recently commented on the company. Goldman Sachs set a €31.00 ($38.27) price objective on Hapag-Lloyd and gave the company a neutral rating in a report on Wednesday, February 28th. Kepler Capital Markets set a €42.00 ($51.85) price objective on Hapag-Lloyd and gave the company a buy rating in a report on Friday, February 23rd. Commerzbank set a €46.00 ($56.79) price objective on Hapag-Lloyd and gave the company a buy rating in a report on Monday, February 12th. Hauck & Aufhaeuser set a €50.00 ($61.73) price target on Hapag-Lloyd and gave the stock a buy rating in a report on Tuesday, January 16th. Finally, Deutsche Bank restated a buy rating on shares of Hapag-Lloyd in a report on Friday, January 19th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the company. Hapag-Lloyd has an average rating of Buy and an average price target of €39.20 ($48.40).

ETR HLAG traded down €1.44 ($1.78) on Friday, reaching €30.06 ($37.11). The company had a trading volume of 342,074 shares, compared to its average volume of 88,256. Hapag-Lloyd has a 52 week low of €24.81 ($30.63) and a 52 week high of €40.20 ($49.63).

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Hapag-Lloyd 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.

Analyst Recommendations for Hapag-Lloyd (ETR:HLAG)

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