Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) has been assigned a €40.00 ($47.62) price objective by stock analysts at Berenberg Bank in a note issued to investors on Thursday. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s target price indicates a potential upside of 27.11% from the stock’s current price.

HLAG has been the subject of several other research reports. Goldman Sachs Group set a €32.50 ($38.69) price target on Hapag-Lloyd Aktiengesellschaft and gave the company a “neutral” rating in a report on Thursday, September 28th. Warburg Research set a €39.00 ($46.43) price target on Hapag-Lloyd Aktiengesellschaft and gave the company a “buy” rating in a report on Monday. Hauck & Aufhaeuser set a €47.80 ($56.90) price target on Hapag-Lloyd Aktiengesellschaft and gave the company a “buy” rating in a report on Monday, August 28th. set a €29.00 ($34.52) price target on Hapag-Lloyd Aktiengesellschaft and gave the company a “sell” rating in a report on Thursday, August 31st. Finally, Deutsche Bank set a €41.00 ($48.81) price target on Hapag-Lloyd Aktiengesellschaft and gave the company a “buy” rating in a report on Tuesday, October 31st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of €39.40 ($46.90).

Hapag-Lloyd Aktiengesellschaft (ETR HLAG) traded down €0.11 ($0.13) during midday trading on Thursday, reaching €31.47 ($37.46). The company’s stock had a trading volume of 159,636 shares, compared to its average volume of 210,150. Hapag-Lloyd Aktiengesellschaft has a fifty-two week low of €17.25 ($20.54) and a fifty-two week high of €40.20 ($47.86).

COPYRIGHT VIOLATION WARNING: “Berenberg Bank Analysts Give Hapag-Lloyd Aktiengesellschaft (HLAG) a €40.00 Price Target” was originally published by American Banking News and is the property of of American Banking News. If you are viewing this piece of content on another website, it was copied illegally and republished in violation of international copyright & trademark legislation. The original version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/11/30/berenberg-bank-analysts-give-hapag-lloyd-aktiengesellschaft-hlag-a-40-00-price-target.html.

Hapag-Lloyd Aktiengesellschaft Company Profile

Hapag-Lloyd Aktiengesellschaft, together with its subsidiaries, operates as a container liner shipping company worldwide. The company is involved in the shipping of containers by sea. It offers dry, reefer, dangerous goods, and special cargo services, as well as coffee transport services The company owns or leases 959,249 containers with a capacity of approximately 1,576,163 TEU for shipping cargo.

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

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