Hapag-Lloyd AG (HLAG) Given Consensus Recommendation of “Buy” by Brokerages

Hapag-Lloyd AG (ETR:HLAG) has earned an average rating of “Buy” from the ten ratings firms that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and six have given a buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is €37.48 ($44.09).

HLAG has been the topic of a number of recent analyst reports. Hauck & Aufhaeuser set a €47.80 ($56.24) price target on shares of Hapag-Lloyd AG and gave the stock a “buy” rating in a research note on Monday, August 28th. HSBC Holdings plc set a €29.00 ($34.12) price target on shares of Hapag-Lloyd AG and gave the stock a “sell” rating in a research note on Thursday, August 31st. Goldman Sachs Group, Inc. (The) set a €32.50 ($38.24) price target on shares of Hapag-Lloyd AG and gave the stock a “neutral” rating in a research note on Thursday, September 28th. Berenberg Bank set a €37.00 ($43.53) price target on shares of Hapag-Lloyd AG and gave the stock a “buy” rating in a research note on Tuesday, September 19th. Finally, Citigroup Inc. set a €43.00 ($50.59) price target on shares of Hapag-Lloyd AG and gave the stock a “buy” rating in a research note on Wednesday, August 30th.

Hapag-Lloyd AG (ETR:HLAG) opened at 37.581 on Thursday. The firm’s market cap is €5.15 billion. Hapag-Lloyd AG has a 1-year low of €16.98 and a 1-year high of €39.85. The firm has a 50 day moving average of €36.78 and a 200 day moving average of €30.85.

TRADEMARK VIOLATION NOTICE: “Hapag-Lloyd AG (HLAG) Given Consensus Recommendation of “Buy” by Brokerages” was originally reported by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this piece can be viewed at https://sportsperspectives.com/2017/10/12/hapag-lloyd-ag-hlag-given-consensus-recommendation-of-buy-by-brokerages.html.

Hapag-Lloyd AG Company Profile

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 AG (ETR:HLAG)

Receive News & Ratings for Hapag-Lloyd AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hapag-Lloyd AG and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply