Hapag-Lloyd AG (HLAG) Given a €41.00 Price Target by Deutsche Bank AG Analysts

Deutsche Bank AG set a €41.00 ($48.24) target price on Hapag-Lloyd AG (ETR:HLAG) in a research note published on Tuesday. The firm currently has a buy rating on the stock.

Several other brokerages have also issued reports on HLAG. Goldman Sachs Group, Inc. (The) set a €32.50 ($38.24) price objective on Hapag-Lloyd AG and gave the stock a neutral rating in a report on Thursday, September 28th. Jefferies Group LLC set a €42.50 ($50.00) price objective on Hapag-Lloyd AG and gave the stock a buy rating in a report on Friday, September 1st. Hauck & Aufhaeuser set a €37.20 ($43.76) price objective on Hapag-Lloyd AG and gave the stock a buy rating in a report on Tuesday, July 11th. HSBC Holdings plc set a €22.00 ($25.88) price objective on Hapag-Lloyd AG and gave the stock a sell rating in a report on Wednesday, July 12th. Finally, Berenberg Bank set a €40.00 ($47.06) price objective on Hapag-Lloyd AG and gave the stock a buy rating in a report on Friday, October 20th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of Buy and an average price target of €38.73 ($45.57).

Shares of Hapag-Lloyd AG (HLAG) opened at €34.87 ($41.02) on Tuesday.

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About Hapag-Lloyd AG

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.

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