Hapag-Lloyd AG (ETR:HLAG) has been given a €32.50 ($35.71) price target by equities researchers at Deutsche Bank AG in a research report issued on Saturday. The brokerage presently has a “buy” rating on the stock.

Shares of Hapag-Lloyd AG (ETR:HLAG) traded down 1.275% on Friday, hitting €26.557. 240 shares of the stock traded hands. The firm’s market capitalization is €3.14 billion. Hapag-Lloyd AG has a 52 week low of €15.78 and a 52 week high of €31.32. The firm’s 50 day moving average is €26.84 and its 200 day moving average is €24.78.

TRADEMARK VIOLATION WARNING: “Hapag-Lloyd AG (HLAG) PT Set at €32.50 by Deutsche Bank AG” was originally reported by American Banking News and is owned by of American Banking News. If you are reading this piece on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright law. The correct version of this piece can be viewed at https://www.americanbankingnews.com/2017/05/20/hapag-lloyd-ag-hlag-pt-set-at-32-50-by-deutsche-bank-ag.html.

About Hapag-Lloyd AG

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.

12 Month Chart for ETR:HLAG

Receive News & Ratings for Hapag-Lloyd AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hapag-Lloyd AG and related companies with MarketBeat.com's FREE daily email newsletter.