Berenberg Bank Analysts Give Hapag-Lloyd (ETR:HLAG) a €37.00 Price Target

Berenberg Bank set a €37.00 ($43.02) price target on Hapag-Lloyd (ETR:HLAG) in a research note released on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Several other research firms have also commented on HLAG. Goldman Sachs Group set a €32.00 ($37.21) price target on shares of Hapag-Lloyd and gave the company a sell rating in a research report on Wednesday, February 19th. Warburg Research set a €36.00 ($41.86) price objective on shares of Hapag-Lloyd and gave the company a sell rating in a report on Monday, November 18th. HSBC set a €27.50 ($31.98) price objective on shares of Hapag-Lloyd and gave the stock a sell rating in a research report on Monday, November 18th. Deutsche Bank set a €28.00 ($32.56) target price on shares of Hapag-Lloyd and gave the stock a neutral rating in a research note on Thursday, December 12th. Finally, JPMorgan Chase & Co. set a €36.41 ($42.34) target price on Hapag-Lloyd and gave the company a sell rating in a research report on Wednesday, February 5th. Six research analysts have rated the stock with a sell rating and two have issued a hold rating to the company. The company has a consensus rating of Sell and a consensus price target of €36.61 ($42.57).

Shares of HLAG stock opened at €71.30 ($82.91) on Tuesday. Hapag-Lloyd has a 52-week low of €23.05 ($26.80) and a 52-week high of €82.00 ($95.35). 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 stock has a market cap of $12.53 billion and a PE ratio of 39.26. The business has a 50-day simple moving average of €75.95 and a 200-day simple moving average of €69.09.

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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