Shares of Hapag-Lloyd AG (ETR:HLAG) have earned a consensus rating of “Hold” from the twelve brokerages that are presently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is €34.83 ($40.49).
A number of research firms recently commented on HLAG. Jefferies Financial Group set a €40.00 ($46.51) price target on Hapag-Lloyd and gave the stock a “sell” rating in a research report on Monday, September 9th. Deutsche Bank set a €28.00 ($32.56) price target on Hapag-Lloyd and gave the stock a “neutral” rating in a research report on Friday, June 28th. Berenberg Bank set a €37.00 ($43.02) price target on Hapag-Lloyd and gave the stock a “neutral” rating in a research report on Friday, August 30th. Warburg Research set a €34.00 ($39.53) price target on Hapag-Lloyd and gave the stock a “sell” rating in a research report on Monday, August 12th. Finally, Goldman Sachs Group set a €30.00 ($34.88) price target on Hapag-Lloyd and gave the stock a “sell” rating in a research report on Wednesday, August 7th.
ETR HLAG traded down €2.00 ($2.33) during trading hours on Thursday, reaching €64.30 ($74.77). 16,335 shares of the company’s stock were exchanged, compared to its average volume of 88,256. The stock has a market cap of $11.21 billion and a PE ratio of 39.99. Hapag-Lloyd has a one year low of €21.04 ($24.47) and a one year high of €71.00 ($82.56). The firm has a fifty day moving average of €55.27 and a 200-day moving average of €36.64. The company has a current ratio of 0.61, a quick ratio of 0.45 and a debt-to-equity ratio of 105.51.
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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