Hapag-Lloyd AG (ETR:HLAG) has been given a consensus recommendation of “Hold” by the nine research firms that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and five have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is €33.09 ($38.47).

Several equities research analysts have recently issued reports on HLAG shares. Deutsche Bank AG set a €32.50 ($37.79) price objective on shares of Hapag-Lloyd AG and gave the company a “buy” rating in a research report on Saturday, May 20th. Warburg Research set a €34.00 ($39.53) price objective on shares of Hapag-Lloyd AG and gave the company a “buy” rating in a research report on Saturday, May 20th. Goldman Sachs Group, Inc. (The) set a €22.30 ($25.93) price objective on shares of Hapag-Lloyd AG and gave the company a “neutral” rating in a research report on Saturday, May 20th. HSBC Holdings plc set a €19.00 ($22.09) price objective on shares of Hapag-Lloyd AG and gave the company a “sell” rating in a research report on Saturday, May 20th. Finally, Berenberg Bank set a €37.00 ($43.02) price objective on shares of Hapag-Lloyd AG and gave the company a “buy” rating in a research report on Thursday, May 25th.

Hapag-Lloyd AG (ETR HLAG) opened at 34.28 on Friday. The stock’s market cap is €4.05 billion. The firm has a 50-day moving average of €29.22 and a 200-day moving average of €28.05. Hapag-Lloyd AG has a 1-year low of €15.78 and a 1-year high of €35.00.

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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.

Analyst Recommendations for Hapag-Lloyd AG (ETR:HLAG)

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