Hapag-Lloyd (HLAG) Given a €40.00 Price Target at Jefferies Financial Group

Hapag-Lloyd (ETR:HLAG) has been given a €40.00 ($46.51) price target by investment analysts at Jefferies Financial Group in a note issued to investors on Thursday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 48.15% from the stock’s current price.

Other equities analysts have also recently issued research reports about the stock. Kepler Capital Markets set a €36.00 ($41.86) price target on shares of Hapag-Lloyd and gave the stock a “buy” rating in a research report on Monday, May 6th. Goldman Sachs Group set a €29.00 ($33.72) price objective on shares of Hapag-Lloyd and gave the stock a “neutral” rating in a research note on Monday, April 1st. Berenberg Bank set a €31.00 ($36.05) price objective on shares of Hapag-Lloyd and gave the stock a “buy” rating in a research note on Monday, February 4th. Warburg Research set a €29.00 ($33.72) price objective on shares of Hapag-Lloyd and gave the stock a “buy” rating in a research note on Tuesday, February 26th. Finally, UBS Group set a €23.80 ($27.67) price objective on shares of Hapag-Lloyd and gave the stock a “neutral” rating in a research note on Monday, February 25th. Six investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of €33.79 ($39.29).

Shares of HLAG stock opened at €27.00 ($31.40) on Thursday. The company has a current ratio of 0.73, a quick ratio of 0.59 and a debt-to-equity ratio of 96.14. Hapag-Lloyd has a one year low of €21.04 ($24.47) and a one year high of €38.20 ($44.42). The stock has a market cap of $4.75 billion and a PE ratio of 129.19.

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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