Berenberg Bank Analysts Give Hapag-Lloyd (HLAG) a €34.00 Price Target

Hapag-Lloyd (ETR:HLAG) has been given a €34.00 ($39.53) price objective by Berenberg Bank in a report issued on Wednesday. The firm currently has a “neutral” rating on the stock. Berenberg Bank’s price objective would suggest a potential upside of 13.94% from the company’s current price.

HLAG has been the topic of several other research reports. Hauck & Aufhaeuser set a €42.00 ($48.84) price objective on shares of Hapag-Lloyd and gave the company a “buy” rating in a report on Monday, November 5th. Goldman Sachs Group set a €30.00 ($34.88) price objective on shares of Hapag-Lloyd and gave the company a “neutral” rating in a report on Monday, July 30th. Morgan Stanley set a €40.00 ($46.51) price objective on shares of Hapag-Lloyd and gave the company a “neutral” rating in a report on Friday, September 21st. UBS Group set a €31.70 ($36.86) price objective on shares of Hapag-Lloyd and gave the company a “sell” rating in a report on Thursday, November 8th. Finally, Commerzbank set a €37.50 ($43.60) price objective on shares of Hapag-Lloyd and gave the company a “buy” rating in a report on Thursday, November 8th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of €34.76 ($40.42).

HLAG opened at €29.84 ($34.70) on Wednesday. Hapag-Lloyd has a 52-week low of €24.81 ($28.85) and a 52-week 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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