Hapag-Lloyd (HLAG) Given a €36.00 Price Target at Berenberg Bank

Berenberg Bank set a €36.00 ($44.44) price target on Hapag-Lloyd (ETR:HLAG) in a report released on Friday. The brokerage currently has a buy rating on the stock.

HLAG has been the subject of several other research reports. Deutsche Bank reaffirmed a buy rating on shares of Hapag-Lloyd in a report on Thursday, March 1st. Hauck & Aufhaeuser set a €50.00 ($61.73) price objective on Hapag-Lloyd and gave the stock a buy rating in a report on Tuesday, January 16th. Warburg Research set a €39.00 ($48.15) price objective on Hapag-Lloyd and gave the stock a buy rating in a report on Thursday, March 1st. Goldman Sachs set a €31.00 ($38.27) price objective on Hapag-Lloyd and gave the stock a neutral rating in a report on Wednesday, February 28th. Finally, Kepler Capital Markets set a €42.00 ($51.85) price objective on Hapag-Lloyd and gave the stock a buy rating in a report on Thursday, March 8th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus target price of €39.20 ($48.40).

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Shares of HLAG opened at €30.60 ($37.78) on Friday. Hapag-Lloyd has a one year low of €24.81 ($30.63) and a one year high of €40.20 ($49.63).

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Hapag-Lloyd 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 (ETR:HLAG)

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