Hapag-Lloyd (HLAG) Given a €29.00 Price Target at Warburg Research

Warburg Research set a €29.00 ($33.72) price target on Hapag-Lloyd (ETR:HLAG) in a report released on Friday morning. The brokerage currently has a neutral rating on the stock.

Other research analysts also recently issued research reports about the stock. Commerzbank set a €40.00 ($46.51) price objective on shares of Hapag-Lloyd and gave the company a buy rating in a research report on Monday, August 13th. Deutsche Bank set a €38.00 ($44.19) price objective on shares of Hapag-Lloyd and gave the company a buy rating in a research report on Monday, August 13th. Jefferies Financial Group set a €40.00 ($46.51) price objective on shares of Hapag-Lloyd and gave the company a buy rating in a research report on Friday, August 10th. Kepler Capital Markets set a €38.00 ($44.19) price objective on shares of Hapag-Lloyd and gave the company a buy rating in a research report on Friday, August 10th. Finally, Hauck & Aufhaeuser set a €42.00 ($48.84) price objective on shares of Hapag-Lloyd and gave the company a buy rating in a research report on Wednesday, August 8th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of €34.47 ($40.08).

Shares of HLAG traded up €1.20 ($1.40) during midday trading on Friday, reaching €30.26 ($35.19). The stock had a trading volume of 8,448 shares, compared to its average volume of 88,256. Hapag-Lloyd has a one year low of €24.81 ($28.85) and a one year high of €40.20 ($46.74).

About Hapag-Lloyd

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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Analyst Recommendations for Hapag-Lloyd (ETR:HLAG)

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