Hapag-Lloyd (ETR:HLAG) received a €36.00 ($41.86) price objective from Kepler Capital Markets in a research note issued on Monday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Kepler Capital Markets’ target price suggests a potential upside of 33.33% from the stock’s current price.
Several other equities analysts have also recently commented on the stock. Jefferies Financial Group set a €40.00 ($46.51) price target on shares of Hapag-Lloyd and gave the stock a “buy” rating in a research report on Monday, March 4th. HSBC set a €27.60 ($32.09) price target on shares of Hapag-Lloyd and gave the stock a “neutral” rating in a research report on Wednesday, April 3rd. Goldman Sachs Group set a €28.00 ($32.56) price target on shares of Hapag-Lloyd and gave the stock a “neutral” rating in a research report on Monday, March 25th. Berenberg Bank set a €31.00 ($36.05) target price on shares of Hapag-Lloyd and gave the stock a “buy” rating in a report on Friday, March 22nd. Finally, Deutsche Bank set a €26.00 ($30.23) target price on shares of Hapag-Lloyd and gave the stock a “neutral” rating in a report on Tuesday, January 15th. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Hapag-Lloyd has an average rating of “Buy” and a consensus target price of €33.79 ($39.29).
Shares of HLAG stock opened at €27.00 ($31.40) on Monday. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 108.16. 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 28.48.
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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