Hapag-Lloyd Aktiengesellschaft (HLAG) PT Set at €40.00 by Berenberg Bank

Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) has been given a €40.00 ($47.62) price target by research analysts at Berenberg Bank in a research note issued on Wednesday. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price target suggests a potential upside of 23.00% from the stock’s previous close.

Other research analysts also recently issued reports about the company. Goldman Sachs Group set a €32.30 ($38.45) target price on Hapag-Lloyd Aktiengesellschaft and gave the company a “neutral” rating in a research note on Thursday, October 19th. Kepler Capital Markets set a €37.00 ($44.05) target price on Hapag-Lloyd Aktiengesellschaft and gave the company a “buy” rating in a research note on Tuesday. Warburg Research set a €39.00 ($46.43) target price on Hapag-Lloyd Aktiengesellschaft and gave the company a “buy” rating in a research note on Monday, November 27th. Citigroup set a €43.00 ($51.19) target price on Hapag-Lloyd Aktiengesellschaft and gave the company a “buy” rating in a research note on Wednesday, August 30th. Finally, Jefferies Group set a €42.50 ($50.60) target price on Hapag-Lloyd Aktiengesellschaft and gave the company a “buy” rating in a research note on Friday, September 1st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of €39.07 ($46.51).

Hapag-Lloyd Aktiengesellschaft (ETR HLAG) opened at €32.52 ($38.71) on Wednesday. Hapag-Lloyd Aktiengesellschaft has a 12-month low of €17.63 ($20.99) and a 12-month high of €40.20 ($47.86).

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Hapag-Lloyd Aktiengesellschaft Company Profile

Hapag-Lloyd Aktiengesellschaft, together with its subsidiaries, operates as a container liner shipping company worldwide. The company is involved in the shipping of containers by sea. It offers dry, reefer, dangerous goods, and special cargo services, as well as coffee transport services The company owns or leases 959,249 containers with a capacity of approximately 1,576,163 TEU for shipping cargo.

Analyst Recommendations for Hapag-Lloyd Aktiengesellschaft (ETR:HLAG)

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