Hapag-Lloyd (HLAG) Given a €28.00 Price Target at Goldman Sachs Group

Hapag-Lloyd (ETR:HLAG) has been given a €28.00 ($32.56) target price by investment analysts at Goldman Sachs Group in a report released on Monday. The brokerage currently has a “neutral” rating on the stock. Goldman Sachs Group’s target price would suggest a potential upside of 10.67% from the stock’s previous close.

Other equities research analysts have also issued research reports about the stock. Jefferies Financial Group set a €40.00 ($46.51) price target on shares of Hapag-Lloyd and gave the company a “buy” rating in a research note on Friday. UBS Group set a €23.80 ($27.67) price target on shares of Hapag-Lloyd and gave the company a “neutral” rating in a research note on Thursday, January 3rd. Berenberg Bank set a €31.00 ($36.05) price target on shares of Hapag-Lloyd and gave the company a “buy” rating in a research note on Monday, February 4th. Warburg Research set a €29.00 ($33.72) price target on shares of Hapag-Lloyd and gave the company a “buy” rating in a research note on Monday, February 18th. Finally, Kepler Capital Markets set a €29.00 ($33.72) price target on shares of Hapag-Lloyd and gave the company a “buy” rating in a research note on Tuesday, January 29th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of €31.69 ($36.85).

HLAG opened at €25.30 ($29.42) on Monday. Hapag-Lloyd has a fifty-two week low of €21.04 ($24.47) and a fifty-two week high of €38.20 ($44.42). The stock has a market cap of $4.44 billion and a P/E ratio of 175.69. The company has a current ratio of 0.76, a quick ratio of 0.52 and a debt-to-equity ratio of 101.41.

About Hapag-Lloyd

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.

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Analyst Recommendations for Hapag-Lloyd (ETR:HLAG)

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