Hapag-Lloyd (HLAG) Given a €46.00 Price Target by Commerzbank Analysts

Hapag-Lloyd (ETR:HLAG) has been assigned a €46.00 ($56.79) price target by research analysts at Commerzbank in a report issued on Monday. The firm presently has a “buy” rating on the stock. Commerzbank’s target price points to a potential upside of 45.11% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the company. Kepler Capital Markets set a €42.00 ($51.85) target price on Hapag-Lloyd and gave the company a “buy” rating in a research note on Friday, January 19th. Deutsche Bank restated a “buy” rating on shares of Hapag-Lloyd in a research note on Friday, January 19th. Hauck & Aufhaeuser set a €50.00 ($61.73) target price on Hapag-Lloyd and gave the company a “buy” rating in a research note on Tuesday, January 16th. Berenberg Bank set a €40.00 ($49.38) target price on Hapag-Lloyd and gave the company a “buy” rating in a research note on Wednesday, December 6th. Finally, Warburg Research set a €39.00 ($48.15) target price on Hapag-Lloyd and gave the company a “buy” rating in a research note on Thursday, March 1st. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the company. Hapag-Lloyd presently has an average rating of “Buy” and a consensus target price of €39.56 ($48.84).

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ETR HLAG opened at €31.70 ($39.14) on Monday. Hapag-Lloyd has a 52 week low of €24.81 ($30.63) and a 52 week high of €40.20 ($49.63).

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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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