Hauck & Aufhaeuser Analysts Give Hapag-Lloyd AG (HLAG) a €37.20 Price Target
Hapag-Lloyd AG (ETR:HLAG) has been assigned a €37.20 ($41.80) target price by research analysts at Hauck & Aufhaeuser in a research report issued on Wednesday. The firm currently has a “buy” rating on the stock.
Several other equities analysts have also commented on the company. Jefferies Group LLC set a €35.00 ($39.33) price target on Hapag-Lloyd AG and gave the company a “buy” rating in a research note on Wednesday. Kepler Capital Markets set a €31.00 ($34.83) price target on Hapag-Lloyd AG and gave the company a “neutral” rating in a research note on Thursday, June 8th. Goldman Sachs Group, Inc. (The) set a €29.00 ($32.58) price target on Hapag-Lloyd AG and gave the company a “neutral” rating in a research note on Monday, June 5th. Warburg Research set a €34.00 ($38.20) price target on Hapag-Lloyd AG and gave the company a “buy” rating in a research note on Monday, May 29th. Finally, HSBC Holdings plc set a €19.00 ($21.35) price target on Hapag-Lloyd AG and gave the company a “sell” rating in a research note on Monday, May 29th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company’s stock. Hapag-Lloyd AG has a consensus rating of “Buy” and an average price target of €31.84 ($35.77).
Shares of Hapag-Lloyd AG (HLAG) traded up 3.583% on Wednesday, reaching €26.945. 370 shares of the company’s stock were exchanged. The company’s 50 day moving average is €27.07 and its 200-day moving average is €26.03. The stock’s market cap is €3.18 billion. Hapag-Lloyd AG has a one year low of €15.78 and a one year high of €31.32.
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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.
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