Hapag-Lloyd (HLAG) PT Set at €23.80 by UBS Group

UBS Group set a €23.80 ($27.67) price objective on Hapag-Lloyd (ETR:HLAG) in a research note published on Monday, February 25th, www.boersen-zeitung.de reports. The firm currently has a neutral rating on the stock.

Several other analysts have also recently issued reports on the company. 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 target 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 target on Hapag-Lloyd and gave the company a buy rating in a research note on Tuesday, January 29th. Goldman Sachs Group set a €28.00 ($32.56) price target on Hapag-Lloyd and gave the company a neutral rating in a research note on Monday, January 28th. Finally, HSBC set a €24.00 ($27.91) price target 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).

About Hapag-Lloyd

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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Analyst Recommendations for Hapag-Lloyd (ETR:HLAG)

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