Hapag-Lloyd Aktiengesellschaft (ETR:HLAG) has been assigned a €40.00 ($47.62) target price by equities research analysts at Berenberg Bank in a note issued to investors on Thursday. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s price objective suggests a potential upside of 25.00% from the company’s current price.

Several other equities analysts have also recently weighed in on the company. Hauck & Aufhaeuser set a €47.80 ($56.90) price objective on Hapag-Lloyd Aktiengesellschaft and gave the company a “buy” rating in a report on Monday, August 28th. Deutsche Bank set a €41.00 ($48.81) price objective on Hapag-Lloyd Aktiengesellschaft and gave the company a “buy” rating in a report on Tuesday, October 31st. set a €29.00 ($34.52) price objective on Hapag-Lloyd Aktiengesellschaft and gave the company a “sell” rating in a report on Thursday, August 31st. Jefferies Group set a €42.50 ($50.60) price objective on Hapag-Lloyd Aktiengesellschaft and gave the company a “buy” rating in a report on Friday, September 1st. Finally, Goldman Sachs Group set a €30.00 ($35.71) price objective on Hapag-Lloyd Aktiengesellschaft and gave the company a “neutral” rating in a report on Wednesday, August 30th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company’s stock. Hapag-Lloyd Aktiengesellschaft presently has an average rating of “Buy” and a consensus price target of €39.40 ($46.90).

Hapag-Lloyd Aktiengesellschaft (HLAG) opened at €32.00 ($38.10) on Thursday. Hapag-Lloyd Aktiengesellschaft has a fifty-two week low of €17.25 ($20.54) and a fifty-two week high of €40.20 ($47.86).

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About Hapag-Lloyd Aktiengesellschaft

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 Aktiengesellschaft (ETR:HLAG)

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