Hapag-Lloyd AG (HLAG) PT Set at €29.00 by HSBC Holdings plc
Hapag-Lloyd AG (ETR:HLAG) has been assigned a €29.00 ($34.52) target price by research analysts at HSBC Holdings plc in a research report issued on Thursday. The brokerage currently has a “sell” rating on the stock.
Several other research firms have also weighed in on HLAG. Goldman Sachs Group, Inc. (The) set a €22.30 ($26.55) price objective on shares of Hapag-Lloyd AG and gave the stock a “neutral” rating in a report on Saturday, May 20th. 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 Tuesday, July 11th. Jefferies Group LLC set a €35.00 ($41.67) price objective on shares of Hapag-Lloyd AG and gave the stock a “buy” rating in a report on Wednesday, June 14th. Berenberg Bank set a €37.00 ($44.05) price objective on shares of Hapag-Lloyd AG and gave the stock a “buy” rating in a report on Thursday, May 25th. Finally, Warburg Research set a €34.00 ($40.48) price objective on shares of Hapag-Lloyd AG and gave the stock a “buy” rating in a report on Saturday, May 20th. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of €36.98 ($44.02).
Hapag-Lloyd AG (ETR:HLAG) opened at 36.436 on Thursday. The stock’s 50 day moving average price is €34.71 and its 200 day moving average price is €29.39. Hapag-Lloyd AG has a 12 month low of €16.89 and a 12 month high of €38.14. The firm’s market capitalization is €4.77 billion.
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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.
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