Hapag-Lloyd (HLAG) Given a €37.50 Price Target by Commerzbank Analysts

Hapag-Lloyd (ETR:HLAG) has been assigned a €37.50 ($43.60) target price by research analysts at Commerzbank in a report released on Thursday. The brokerage presently has a “buy” rating on the stock. Commerzbank’s target price suggests a potential upside of 21.99% from the stock’s previous close.

Other equities research analysts have also issued research reports about the stock. Deutsche Bank set a €38.00 ($44.19) target price on shares of Hapag-Lloyd and gave the stock a “buy” rating in a report on Monday, August 13th. Jefferies Financial Group set a €40.00 ($46.51) target price on shares of Hapag-Lloyd and gave the stock a “buy” rating in a report on Friday, August 10th. Kepler Capital Markets set a €38.00 ($44.19) target price on shares of Hapag-Lloyd and gave the stock a “buy” rating in a report on Friday, August 10th. Hauck & Aufhaeuser set a €42.00 ($48.84) target price on shares of Hapag-Lloyd and gave the stock a “buy” rating in a report on Wednesday, August 8th. Finally, Citigroup set a €43.00 ($50.00) target price on shares of Hapag-Lloyd and gave the stock a “buy” rating in a report on Tuesday, September 4th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of €34.76 ($40.42).

Hapag-Lloyd stock opened at €30.74 ($35.74) on Thursday. Hapag-Lloyd has a 52-week low of €24.81 ($28.85) and a 52-week high of €40.20 ($46.74).

Hapag-Lloyd Company Profile

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.

Further Reading: What do investors mean by earnings per share?

Analyst Recommendations for Hapag-Lloyd (ETR:HLAG)

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