Shares of Hapag-Lloyd AG (ETR:HLAG) have been assigned an average rating of “Buy” from the twelve analysts that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is €39.42 ($48.67).
Several brokerages recently issued reports on HLAG. Hauck & Aufhaeuser set a €50.00 ($61.73) price objective on shares of Hapag-Lloyd and gave the company a “buy” rating in a research note on Tuesday, January 16th. Deutsche Bank reaffirmed a “buy” rating on shares of Hapag-Lloyd in a research note on Friday, January 19th. Kepler Capital Markets set a €42.00 ($51.85) target price on shares of Hapag-Lloyd and gave the company a “buy” rating in a report on Friday, January 19th. Commerzbank set a €46.00 ($56.79) target price on shares of Hapag-Lloyd and gave the company a “buy” rating in a report on Thursday, January 11th. Finally, UBS Group set a €31.70 ($39.14) target price on shares of Hapag-Lloyd and gave the company a “sell” rating in a report on Friday, January 26th.
Shares of Hapag-Lloyd (HLAG) opened at €31.30 ($38.64) on Wednesday. Hapag-Lloyd has a one year low of €24.81 ($30.63) and a one year high of €40.20 ($49.63). The stock has a market cap of $5,500.00 and a PE ratio of 130.42.
Hapag-Lloyd 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.
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