Commerzbank Reiterates “€46.00” Price Target for Hapag-Lloyd (HLAG)

Commerzbank set a €46.00 ($54.76) price target on Hapag-Lloyd (ETR:HLAG) in a report published on Thursday morning. The brokerage currently has a buy rating on the stock.

HLAG has been the subject of several other research reports. Berenberg Bank set a €37.00 ($44.05) price objective on Hapag-Lloyd and gave the company a buy rating in a report on Tuesday, September 19th. Hauck & Aufhaeuser set a €50.00 ($59.52) price objective on Hapag-Lloyd and gave the company a buy rating in a report on Tuesday, January 9th. Kepler Capital Markets set a €37.00 ($44.05) price objective on Hapag-Lloyd and gave the company a buy rating in a report on Tuesday, December 5th. Warburg Research set a €39.00 ($46.43) price objective on Hapag-Lloyd and gave the company a buy rating in a report on Monday, November 27th. Finally, Deutsche Bank set a €41.00 ($48.81) price objective on Hapag-Lloyd and gave the company a buy rating in a report on Tuesday, October 31st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Hapag-Lloyd presently has an average rating of Buy and a consensus target price of €39.98 ($47.60).

Hapag-Lloyd (ETR HLAG) opened at €35.66 ($42.45) on Thursday. The firm has a market cap of $6,270.00 and a P/E ratio of 148.58. Hapag-Lloyd has a 52 week low of €23.63 ($28.13) and a 52 week high of €40.20 ($47.86).

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About Hapag-Lloyd

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 (ETR:HLAG)

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