Deutsche Bank set a €28.00 ($32.56) price target on Hapag-Lloyd (ETR:HLAG) in a report published on Monday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
HLAG has been the subject of a number of other research reports. Jefferies Financial Group set a €48.00 ($55.81) price target on Hapag-Lloyd and gave the stock a sell rating in a report on Thursday, January 9th. JPMorgan Chase & Co. set a €36.41 ($42.34) price target on Hapag-Lloyd and gave the stock a sell rating in a report on Wednesday, February 5th. Goldman Sachs Group set a €32.00 ($37.21) price target on Hapag-Lloyd and gave the stock a sell rating in a report on Wednesday, February 19th. Finally, Berenberg Bank set a €37.00 ($43.02) price target on Hapag-Lloyd and gave the stock a neutral rating in a report on Tuesday, February 25th. Six equities research analysts have rated the stock with a sell rating and two have issued a hold rating to the company’s stock. Hapag-Lloyd presently has a consensus rating of Sell and an average price target of €36.61 ($42.57).
Hapag-Lloyd stock opened at €66.50 ($77.33) on Monday. The company has a debt-to-equity ratio of 100.64, a quick ratio of 0.47 and a current ratio of 0.61. Hapag-Lloyd has a 52 week low of €23.05 ($26.80) and a 52 week high of €82.00 ($95.35). The stock has a market capitalization of $11.69 billion and a P/E ratio of 36.62. The stock has a fifty day moving average of €71.66 and a 200-day moving average of €70.57.
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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