Hapag-Lloyd (HLAG) Given a €38.00 Price Target at Kepler Capital Markets
Hapag-Lloyd (ETR:HLAG) received a €38.00 ($44.19) target price from investment analysts at Kepler Capital Markets in a note issued to investors on Friday. The firm currently has a “buy” rating on the stock. Kepler Capital Markets’ price target suggests a potential upside of 11.31% from the stock’s current price.
HLAG has been the subject of a number of other reports. Hauck & Aufhaeuser set a €48.00 ($55.81) price target on Hapag-Lloyd and gave the stock a “buy” rating in a report on Friday, May 18th. Berenberg Bank set a €36.00 ($41.86) price target on Hapag-Lloyd and gave the stock a “buy” rating in a report on Wednesday, May 23rd. Deutsche Bank set a €36.00 ($41.86) price target on Hapag-Lloyd and gave the stock a “buy” rating in a report on Tuesday, July 3rd. Goldman Sachs Group set a €30.00 ($34.88) price target on Hapag-Lloyd and gave the stock a “neutral” rating in a report on Friday. Finally, Citigroup set a €32.00 ($37.21) price target on Hapag-Lloyd and gave the stock a “neutral” rating in a report on Thursday, July 5th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of €33.66 ($39.14).
Hapag-Lloyd opened at €34.14 ($39.70) on Friday, Marketbeat Ratings reports. Hapag-Lloyd has a 12-month low of €24.81 ($28.85) and a 12-month high of €40.20 ($46.74).
Hapag-Lloyd Aktiengesellschaft, together with its subsidiaries, operates as a liner shipping company worldwide. The company engages in the shipping of containers by sea; and provision of door to door transportation services. Its vessel and container fleets are used for the transportation of general and special cargo, various dangerous goods, and coffee, as well as reefer cargo comprising pharmaceuticals.
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