Hapag-Lloyd (ETR:HLAG) Given a €27.50 Price Target by HSBC Analysts
Hapag-Lloyd (ETR:HLAG) has been assigned a €27.50 ($31.98) price target by equities researchers at HSBC in a research note issued on Monday, November 18th, Borsen Zeitung reports. The brokerage presently has a “sell” rating on the stock. HSBC’s target price would suggest a potential downside of 61.96% from the stock’s previous close.
Several other brokerages also recently issued reports on HLAG. Jefferies Financial Group set a €40.00 ($46.51) price target on Hapag-Lloyd and gave the stock a “sell” rating in a report on Monday, September 9th. Kepler Capital Markets set a €48.00 ($55.81) price objective on Hapag-Lloyd and gave the stock a “sell” rating in a research report on Thursday, November 14th. Warburg Research set a €34.00 ($39.53) price target on Hapag-Lloyd and gave the company a ...