Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) received a €40.00 ($47.62) price target from analysts at Berenberg Bank in a research note issued on Wednesday. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price objective points to a potential upside of 26.28% from the stock’s current price.

HLAG has been the topic of several other research reports. Warburg Research set a €42.00 ($50.00) target price on Hapag-Lloyd Aktiengesellschaft and gave the company a “buy” rating in a research report on Thursday, September 7th. Kepler Capital Markets set a €40.00 ($47.62) price target on Hapag-Lloyd Aktiengesellschaft and gave the stock a “buy” rating in a research report on Monday, November 27th. set a €29.00 ($34.52) price target on Hapag-Lloyd Aktiengesellschaft and gave the stock a “sell” rating in a research report on Thursday, August 31st. Goldman Sachs Group set a €30.00 ($35.71) price target on Hapag-Lloyd Aktiengesellschaft and gave the stock a “neutral” rating in a research report on Wednesday, August 30th. Finally, Citigroup set a €43.00 ($51.19) price target on Hapag-Lloyd Aktiengesellschaft and gave the stock a “buy” rating in a research report on Wednesday, August 30th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company’s stock. Hapag-Lloyd Aktiengesellschaft currently has an average rating of “Buy” and an average price target of €39.07 ($46.51).

Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) traded up €0.11 ($0.13) during trading on Wednesday, hitting €31.68 ($37.71). The stock had a trading volume of 142,386 shares, compared to its average volume of 214,133. Hapag-Lloyd Aktiengesellschaft has a 52 week low of €17.63 ($20.99) and a 52 week high of €40.20 ($47.86).

ILLEGAL ACTIVITY NOTICE: This story was reported by American Banking News and is the property of of American Banking News. If you are reading this story on another domain, it was illegally copied and republished in violation of US & international copyright laws. The original version of this story can be read at https://www.americanbankingnews.com/2017/12/06/berenberg-bank-analysts-give-hapag-lloyd-aktiengesellschaft-hlag-a-40-00-price-target-2.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.