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Hapag-Lloyd (ETR:HLAG) Reaches New 12-Month High at $58.40

30.8.2019

Hapag-Lloyd AG (ETR:HLAG) hit a new 52-week high during trading on Tuesday . The stock traded as high as €58.40 ($67.91) and last traded at €57.50 ($66.86), with a volume of 29528 shares traded. The stock had previously closed at €55.70 ($64.77).

A number of research firms have recently issued reports on HLAG. Jefferies Financial Group set a €40.00 ($46.51) price objective on Hapag-Lloyd and gave the company a “buy” rating in a research report on Thursday, May 9th. Deutsche Bank set a €28.00 ($32.56) price objective on Hapag-Lloyd and gave the company a “neutral” rating in a research report on Friday, June 28th. Kepler Capital Markets set a €36.00 ($41.86) price objective on Hapag-Lloyd and gave the company a “buy” rating in a research report on Monday, May 13th.

Warburg Research set a €34.00 ($39.53) price objective on Hapag-Lloyd and gave the company a “sell” rating in a research report on Monday, August 12th. Finally, Goldman Sachs Group set a €30.00 ($34.88) price objective on Hapag-Lloyd and gave the company a “sell” rating in a research report on Wednesday, August 7th.

Two analysts have rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of €34.33 ($39.91).

 

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