Hapag-Lloyd (ETR:HLAG) Given a €27.50 Price Target at HSBC

HSBC set a €27.50 ($31.98) price objective on Hapag-Lloyd (ETR:HLAG) in a research note released on Monday, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.

A number of other equities analysts also recently weighed in on HLAG. Jefferies Financial Group set a €40.00 ($46.51) price target on shares of Hapag-Lloyd and gave the stock a sell rating in a research note on Monday, September 9th. Goldman Sachs Group set a €30.00 ($34.88) price target on shares of Hapag-Lloyd and gave the stock a sell rating in a research note on Thursday, November 14th. Berenberg Bank set a €37.00 ($43.02) price target on shares of Hapag-Lloyd and gave the stock a neutral rating in a research note on Thursday, November 14th. Deutsche Bank set a €28.00 ($32.56) price target on shares of Hapag-Lloyd and gave the stock a neutral rating in a research note on Friday. Finally, Kepler Capital Markets set a €48.00 ($55.81) price target on shares of Hapag-Lloyd and gave the stock a sell rating in a research note on Thursday, November 14th. Five research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of €34.20 ($39.77).

Shares of ETR HLAG traded down €1.80 ($2.09) during mid-day trading on Monday, reaching €76.70 ($89.19). The company had a trading volume of 26,013 shares, compared to its average volume of 88,256. Hapag-Lloyd has a twelve month low of €21.04 ($24.47) and a twelve month high of €78.10 ($90.81). The company has a debt-to-equity ratio of 100.64, a quick ratio of 0.47 and a current ratio of 0.61. The stock has a market capitalization of $13.74 billion and a PE ratio of 42.24. The stock’s 50 day moving average is €65.07 and its 200-day moving average is €48.10.

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.

See Also: 52-Week High/Low

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.