Shares of Hapag-Lloyd AG (ETR:HLAG) have been assigned an average recommendation of “Sell” from the eight analysts that are currently covering the firm, Marketbeat reports. Five investment analysts have rated the stock with a sell rating and three have issued a hold rating on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is €34.79 ($40.45).
Several research firms recently weighed in on HLAG. Warburg Research set a €36.00 ($41.86) price target on Hapag-Lloyd and gave the company a “sell” rating in a research report on Monday, November 18th. Kepler Capital Markets set a €48.00 ($55.81) price target on Hapag-Lloyd and gave the company a “sell” rating in a research report on Thursday, November 14th. Berenberg Bank set a €37.00 ($43.02) price target on Hapag-Lloyd and gave the company a “neutral” rating in a research report on Wednesday, December 4th. HSBC set a €27.50 ($31.98) price target on Hapag-Lloyd and gave the company a “sell” rating in a research report on Monday, November 18th. Finally, Goldman Sachs Group set a €30.00 ($34.88) price target on Hapag-Lloyd and gave the company a “sell” rating in a research report on Thursday, November 14th.
Shares of ETR HLAG traded down €0.10 ($0.12) during mid-day trading on Wednesday, hitting €75.90 ($88.26). 6,096 shares of the company traded hands, compared to its average volume of 88,256. Hapag-Lloyd has a 1 year low of €21.82 ($25.37) and a 1 year high of €82.00 ($95.35). The stock has a market capitalization of $13.34 billion and a price-to-earnings ratio of 41.80. The company has a quick ratio of 0.47, a current ratio of 0.61 and a debt-to-equity ratio of 100.64. The business has a 50 day moving average of €74.92 and a two-hundred day moving average of €62.36.
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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