Hapag-Lloyd (HLAG) PT Set at €46.00 by Commerzbank

Hapag-Lloyd (ETR:HLAG) has been given a €46.00 ($56.79) price objective by investment analysts at Commerzbank in a research report issued on Monday. The brokerage currently has a “buy” rating on the stock. Commerzbank’s price objective points to a potential upside of 44.75% from the company’s previous close.

A number of other equities analysts have also commented on the stock. Berenberg Bank set a €40.00 ($49.38) price target on shares of Hapag-Lloyd and gave the company a “buy” rating in a research report on Wednesday, December 6th. Deutsche Bank set a €41.00 ($50.62) price target on shares of Hapag-Lloyd and gave the company a “buy” rating in a research report on Tuesday, October 31st. Hauck & Aufhaeuser set a €50.00 ($61.73) price target on shares of Hapag-Lloyd and gave the company a “buy” rating in a research report on Tuesday, January 16th. Kepler Capital Markets set a €37.00 ($45.68) price target on shares of Hapag-Lloyd and gave the company a “buy” rating in a research report on Tuesday, December 5th. Finally, Warburg Research set a €39.00 ($48.15) target price on shares of Hapag-Lloyd and gave the stock a “buy” rating in a research report on Monday, November 27th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the company. Hapag-Lloyd currently has a consensus rating of “Buy” and an average target price of €39.56 ($48.84).

Hapag-Lloyd (HLAG) traded up €0.74 ($0.91) during trading hours on Monday, hitting €31.78 ($39.23). 57,578 shares of the stock were exchanged, compared to its average volume of 120,983. Hapag-Lloyd has a 12 month low of €24.81 ($30.63) and a 12 month high of €40.20 ($49.63). The company has a market capitalization of $5,590.00 and a price-to-earnings ratio of 132.42.

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About Hapag-Lloyd

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 (ETR:HLAG)

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