Shares of Hapag-Lloyd AG (ETR:HLAG) have been assigned a consensus recommendation of “Hold” from the nine ratings firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is €34.41 ($40.97).

A number of research firms recently issued reports on HLAG. Deutsche Bank AG set a €32.50 ($38.69) price objective on shares of Hapag-Lloyd AG and gave the stock a “buy” rating in a report on Saturday, May 20th. Warburg Research set a €40.00 ($47.62) price objective on shares of Hapag-Lloyd AG and gave the stock a “buy” rating in a report on Friday, July 14th. Hauck & Aufhaeuser set a €37.20 ($44.29) price objective on shares of Hapag-Lloyd AG and gave the stock a “buy” rating in a report on Wednesday, June 14th. Kepler Capital Markets set a €31.00 ($36.90) price objective on shares of Hapag-Lloyd AG and gave the stock a “neutral” rating in a report on Thursday, June 8th. Finally, Goldman Sachs Group, Inc. (The) set a €29.00 ($34.52) price objective on shares of Hapag-Lloyd AG and gave the stock a “neutral” rating in a report on Monday, June 5th.

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Hapag-Lloyd AG (ETR:HLAG) traded down 2.32% on Wednesday, reaching €37.00. 545 shares of the company’s stock traded hands. Hapag-Lloyd AG has a 52-week low of €16.05 and a 52-week high of €38.14. The stock’s market cap is €4.37 billion. The company’s 50 day moving average is €33.82 and its 200-day moving average is €29.08.

Hapag-Lloyd AG Company Profile

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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