Hapag-Lloyd (ETR:HLAG) Given a €28.00 Price Target by Deutsche Bank Analysts

Deutsche Bank set a €28.00 ($32.56) target price on Hapag-Lloyd (ETR:HLAG) in a report released on Friday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Other equities analysts also recently issued research reports about the company. Berenberg Bank set a €37.00 ($43.02) price objective on Hapag-Lloyd and gave the stock a neutral rating in a report on Thursday, November 14th. Warburg Research set a €34.00 ($39.53) price objective on Hapag-Lloyd and gave the stock a sell rating in a report on Monday, August 12th. HSBC set a €25.20 ($29.30) price objective on Hapag-Lloyd and gave the stock a sell rating in a report on Tuesday, October 1st. Goldman Sachs Group set a €30.00 ($34.88) target price on Hapag-Lloyd and gave the stock a sell rating in a research report on Thursday, November 14th. Finally, Jefferies Financial Group set a €40.00 ($46.51) target price on Hapag-Lloyd and gave the stock a sell rating in a research report on Monday, September 9th. Five analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of €34.20 ($39.77).

ETR:HLAG opened at €79.10 ($91.98) on Friday. The stock’s 50 day moving average price is €65.07 and its 200 day moving average price is €48.10. Hapag-Lloyd has a 52 week low of €21.04 ($24.47) and a 52 week high of €78.10 ($90.81). The company has a market capitalization of $13.80 billion and a P/E ratio of 43.56. The company has a debt-to-equity ratio of 100.64, a quick ratio of 0.47 and a current ratio of 0.61.

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.

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Analyst Recommendations for Hapag-Lloyd (ETR:HLAG)

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