Hapag-Lloyd (ETR:HLAG) Hits New 52-Week High at $73.10

Shares of Hapag-Lloyd AG (ETR:HLAG) reached a new 52-week high on Thursday . The company traded as high as €73.10 ($85.00) and last traded at €72.00 ($83.72), with a volume of 22415 shares traded. The stock had previously closed at €68.20 ($79.30).

Several equities analysts have recently commented on HLAG shares. Goldman Sachs Group set a €30.00 ($34.88) price target on Hapag-Lloyd and gave the company a “sell” rating in a research note on Thursday. Kepler Capital Markets set a €48.00 ($55.81) price target on Hapag-Lloyd and gave the company a “sell” rating in a research note on Thursday. Deutsche Bank set a €28.00 ($32.56) price target on Hapag-Lloyd and gave the company a “neutral” rating in a research note on Friday. Berenberg Bank set a €37.00 ($43.02) price target on Hapag-Lloyd and gave the company a “neutral” rating in a research note on Thursday. Finally, Warburg Research set a €34.00 ($39.53) price target on Hapag-Lloyd and gave the company a “sell” rating in a research note on Monday, August 12th. Five equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. Hapag-Lloyd presently has an average rating of “Hold” and an average target price of €33.72 ($39.21).

The firm has a 50 day simple moving average of €64.20 and a 200-day simple moving average of €47.33. The company has a quick ratio of 0.45, a current ratio of 0.61 and a debt-to-equity ratio of 105.51. The company has a market cap of $12.88 billion and a PE ratio of 48.38.

Hapag-Lloyd Company Profile (ETR:HLAG)

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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