Hapag-Lloyd (HLAG) Given a €39.00 Price Target at Morgan Stanley

Morgan Stanley set a €39.00 ($45.35) target price on Hapag-Lloyd (ETR:HLAG) in a research report sent to investors on Friday morning. The brokerage currently has a neutral rating on the stock.

Other equities research analysts also recently issued research reports about the stock. Warburg Research set a €33.00 ($38.37) price target on shares of Hapag-Lloyd and gave the company a neutral rating in a research note on Monday, August 13th. Commerzbank set a €40.00 ($46.51) price target on shares of Hapag-Lloyd and gave the company a buy rating in a research note on Monday, August 13th. Kepler Capital Markets set a €38.00 ($44.19) price target on shares of Hapag-Lloyd and gave the company a buy rating in a research note on Friday, August 10th. HSBC set a €28.00 ($32.56) price target on shares of Hapag-Lloyd and gave the company a sell rating in a research note on Friday. Finally, Hauck & Aufhaeuser set a €42.00 ($48.84) price target on shares of Hapag-Lloyd and gave the company a buy rating in a research note on Wednesday, August 8th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the stock. Hapag-Lloyd currently has a consensus rating of Hold and a consensus price target of €34.76 ($40.42).

Hapag-Lloyd stock traded down €1.70 ($1.98) during mid-day trading on Friday, reaching €30.74 ($35.74). 25,300 shares of the company’s stock traded hands, compared to its average volume of 88,256. Hapag-Lloyd has a 12-month low of €24.81 ($28.85) and a 12-month high of €40.20 ($46.74).

About Hapag-Lloyd

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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