Hapag-Lloyd AG (HLAG) Given Average Recommendation of “Buy” by Analysts

Hapag-Lloyd AG (ETR:HLAG) has been assigned a consensus recommendation of “Buy” from the ten research firms that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is €37.48 ($44.09).

Several research analysts recently weighed in on the stock. Hauck & Aufhaeuser set a €37.20 ($43.76) target price on shares of Hapag-Lloyd AG and gave the company a “buy” rating in a research note on Tuesday, July 11th. Warburg Research set a €40.00 ($47.06) target price on shares of Hapag-Lloyd AG and gave the company a “buy” rating in a research note on Friday, July 14th. Goldman Sachs Group, Inc. (The) set a €30.00 ($35.29) target price on shares of Hapag-Lloyd AG and gave the company a “neutral” rating in a research note on Monday, July 10th. HSBC Holdings plc set a €22.00 ($25.88) target price on shares of Hapag-Lloyd AG and gave the company a “sell” rating in a research note on Wednesday, July 12th. Finally, Berenberg Bank set a €37.00 ($43.53) target price on shares of Hapag-Lloyd AG and gave the company a “buy” rating in a research note on Monday, July 10th.

Shares of Hapag-Lloyd AG (HLAG) traded up 0.644% during midday trading on Thursday, hitting €36.589. 400 shares of the company were exchanged. Hapag-Lloyd AG has a 52-week low of €16.98 and a 52-week high of €39.85. The stock’s market capitalization is €5.01 billion. The company has a 50-day moving average price of €36.65 and a 200-day moving average price of €31.02.

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About Hapag-Lloyd AG

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 AG (ETR:HLAG)

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