Hapag-Lloyd AG’s (HLAG) Neutral Rating Reiterated at BNP Paribas
Other equities analysts also recently issued research reports about the company. Hauck & Aufhaeuser set a €37.20 ($42.27) price target on Hapag-Lloyd AG and gave the company a buy rating in a report on Thursday, June 29th. HSBC Holdings plc set a €22.00 ($25.00) price target on Hapag-Lloyd AG and gave the company a sell rating in a report on Wednesday, July 12th. Jefferies Group LLC set a €35.00 ($39.77) price target on Hapag-Lloyd AG and gave the company a buy rating in a report on Wednesday, June 14th. Warburg Research set a €34.00 ($38.64) price target on Hapag-Lloyd AG and gave the company a buy rating in a report on Saturday, May 20th. Finally, Goldman Sachs Group, Inc. (The) set a €22.30 ($25.34) price target on Hapag-Lloyd AG and gave the company a neutral rating in a report on Monday, May 29th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of €33.09 ($37.60).
Shares of Hapag-Lloyd AG (HLAG) opened at 33.03 on Wednesday. The stock’s market capitalization is €3.90 billion. The firm’s 50-day moving average is €26.92 and its 200 day moving average is €26.63. Hapag-Lloyd AG has a 1-year low of €15.78 and a 1-year high of €33.03.
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Hapag-Lloyd AG Company Profile
Hapag Lloyd AG is a Germany-based company primarily engaged in the marine freight and logistics sector. The Company focuses on providing liner services between all continents. Its fleet comprises container vessels with capacity up to 10,500 twenty-foot equivalent units (TEU). Its products and services include e-business solutions, security information services, special cargo services, reefer solutions, customs clearance, as well as US flag services, among others.
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