Hapag-Lloyd (ETR:HLAG) received a €28.00 ($32.56) target price from investment analysts at Goldman Sachs Group in a research report issued to clients and investors on Monday, February 25th. The firm currently has a “neutral” rating on the stock. Goldman Sachs Group’s target price would suggest a potential upside of 10.76% from the stock’s previous close.
Several other analysts have also recently issued reports on the company. UBS Group set a €23.80 ($27.67) price objective on Hapag-Lloyd and gave the company a “neutral” rating in a research note on Monday, February 25th. Warburg Research set a €29.00 ($33.72) price objective on Hapag-Lloyd and gave the company a “buy” rating in a research note on Monday, February 18th. Berenberg Bank set a €31.00 ($36.05) price objective on Hapag-Lloyd and gave the company a “buy” rating in a research note on Monday, February 4th. Kepler Capital Markets set a €29.00 ($33.72) price objective on Hapag-Lloyd and gave the company a “buy” rating in a research note on Tuesday, January 29th. Finally, HSBC set a €24.00 ($27.91) price objective on Hapag-Lloyd and gave the company a “neutral” rating in a research note on Thursday, January 24th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of €31.69 ($36.85).
Shares of ETR HLAG traded down €0.20 ($0.23) during mid-day trading on Monday, hitting €25.28 ($29.40). The company had a trading volume of 64,295 shares, compared to its average volume of 88,256. The stock has a market cap of $4.44 billion and a P/E ratio of 175.56. The company has a current ratio of 0.76, a quick ratio of 0.52 and a debt-to-equity ratio of 101.41. Hapag-Lloyd has a 1-year low of €21.04 ($24.47) and a 1-year high of €38.20 ($44.42).
Hapag-Lloyd Company Profile
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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