Hapag-Lloyd Aktiengesellschaft (OTCMKTS: HPGLY) Price target raised to €330.00 at Morgan Stanley



Hapag-Lloyd Aktiengesellschaft (OTCMKTS: HPGLY – Get Rating) had its price target raised by Morgan Stanley research analysts from €305.00 ($321.05) to €330.00 ($347.37) in a note to investors on Sunday, reports The Fly.

Several other stock analysts have also recently published reports on HPGLY. Cheuvreux downgraded Hapag-Lloyd Aktiengesellschaft from a “buy” rating to a “reduce” rating in a report released Friday. Berenberg Bank raised its price target on Hapag-Lloyd Aktiengesellschaft from €120.00 ($126.32) to €150.00 ($157.89) in a Monday, March 14 research note. Deutsche Bank Aktiengesellschaft downgraded Hapag-Lloyd Aktiengesellschaft from a “buy” rating to a “hold” rating in a Tuesday, March 29 research note. Finally, JPMorgan Chase & Co. raised its price target on Hapag-Lloyd Aktiengesellschaft from €170.00 ($178.95) to €171.00 ($180.00) and gave the company an “under” rating. -weighted” in a Friday research note. Two research analysts have rated the stock with a sell rating and four have issued a hold rating for the stock. Based on data from MarketBeat.com, Hapag-Lloyd Aktiengesellschaft has a consensus rating of “Hold” and a consensus price target of $190.25.

Shares of HPGLY opened at $211.60 on Friday. The company has a 50-day simple moving average of $181.28 and a 200-day simple moving average of $152.81. Hapag-Lloyd Aktiengesellschaft has a 52-week minimum of $80.05 and a 52-week maximum of $220.00.

Company Profile Hapag-Lloyd Aktiengesellschaft (Get a rating)

Hapag-Lloyd Aktiengesellschaft, together with its subsidiaries, operates as a liner shipping company worldwide. Its fleets of vessels and containers are used to transport general and special cargo, various dangerous goods and coffee, as well as refrigerated cargo covering pharmaceuticals. The company also offers two-way EDI, a directly connected electronic data interchange; operates an e-commerce portal that provides real-time access to transportation data, as well as services to manage customers’ supply chain data and connect to their carriers through a single interface; mobile application that helps manage the shipping process; and provides e-mail and security information services.

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