Hapag-Lloyd AG (HLAG) PT Set at €34.00 by Warburg Research
Separately, Deutsche Bank AG set a €32.50 ($35.71) price target on Hapag-Lloyd AG and gave the stock a “buy” rating in a research note on Saturday.
Hapag-Lloyd AG (ETR:HLAG) traded down 1.275% on Friday, hitting €26.557. The company had a trading volume of 240 shares. Hapag-Lloyd AG has a one year low of €15.78 and a one year high of €31.32. The company’s market capitalization is €3.14 billion. The stock’s 50-day moving average price is €26.84 and its 200 day moving average price is €24.78.
TRADEMARK VIOLATION WARNING: This piece of content was first posted by American Banking News and is owned by of American Banking News. If you are accessing this piece of content on another site, it was illegally copied and reposted in violation of U.S. and international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/05/20/hapag-lloyd-ag-hlag-pt-set-at-34-00-by-warburg-research.html.
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.
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.