Hapag-Lloyd Aktiengesellschaft (HLAG) Receives Average Rating of “Buy” from Brokerages

Shares of Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) have been given an average rating of “Buy” by the ten brokerages that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is €39.40 ($46.90).

Several research firms have commented on HLAG. Berenberg Bank set a €40.00 ($47.62) target price on shares of Hapag-Lloyd Aktiengesellschaft and gave the company a “buy” rating in a research note on Thursday. Warburg Research set a €39.00 ($46.43) price objective on shares of Hapag-Lloyd Aktiengesellschaft and gave the stock a “buy” rating in a research note on Monday. Kepler Capital Markets set a €40.00 ($47.62) price objective on shares of Hapag-Lloyd Aktiengesellschaft and gave the stock a “buy” rating in a research note on Monday. Goldman Sachs Group set a €32.30 ($38.45) target price on shares of Hapag-Lloyd Aktiengesellschaft and gave the stock a “neutral” rating in a research report on Thursday, October 19th. Finally, Citigroup set a €43.00 ($51.19) target price on shares of Hapag-Lloyd Aktiengesellschaft and gave the stock a “buy” rating in a research report on Wednesday, August 30th.

Shares of Hapag-Lloyd Aktiengesellschaft (ETR HLAG) opened at €31.23 ($37.18) on Friday. Hapag-Lloyd Aktiengesellschaft has a 1 year low of €17.25 ($20.54) and a 1 year high of €40.20 ($47.86).

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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)

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