Kepler Capital Markets Reiterates “€29.00” Price Target for Hapag-Lloyd (HLAG)

Kepler Capital Markets set a €29.00 ($33.72) price target on Hapag-Lloyd (ETR:HLAG) in a research report released on Friday. The brokerage currently has a buy rating on the stock.

HLAG has been the subject of several other research reports. Jefferies Financial Group set a €40.00 ($46.51) price objective on shares of Hapag-Lloyd and gave the company a buy rating in a research note on Monday, March 4th. Goldman Sachs Group set a €28.00 ($32.56) price objective on shares of Hapag-Lloyd and gave the company a neutral rating in a research note on Monday, January 28th. Deutsche Bank set a €26.00 ($30.23) price objective on shares of Hapag-Lloyd and gave the company a neutral rating in a research note on Tuesday, January 15th. HSBC set a €24.00 ($27.91) price objective on shares of Hapag-Lloyd and gave the company a neutral rating in a research note on Thursday, January 24th. Finally, UBS Group set a €23.80 ($27.67) price objective on shares of Hapag-Lloyd and gave the company a neutral rating in a research note on Monday, February 25th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of €31.69 ($36.85).

Shares of ETR HLAG opened at €25.28 ($29.40) on Friday. Hapag-Lloyd has a 12-month low of €21.04 ($24.47) and a 12-month high of €38.20 ($44.42). The stock has a market cap of $4.44 billion and a P/E ratio of 175.56. The company has a debt-to-equity ratio of 101.41, a current ratio of 0.76 and a quick ratio of 0.52.

Hapag-Lloyd Company Profile

Hapag-Lloyd Aktiengesellschaft, together with its subsidiaries, operates as a liner shipping company worldwide. The company engages in the shipping of containers by sea; and provision of door to door transportation services. Its vessel and container fleets are used for the transportation of general and special cargo, various dangerous goods, and coffee, as well as reefer cargo comprising pharmaceuticals.

Featured Story: Google Finance Portfolio

Analyst Recommendations for Hapag-Lloyd (ETR:HLAG)

Receive News & Ratings for Hapag-Lloyd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hapag-Lloyd and related companies with MarketBeat.com's FREE daily email newsletter.