UBS analyst Cristian Nedelcu maintained a Sell rating on Hapag Lloyd (0RCG – Research Report) today and set a price target of €106.00. The company’s shares closed yesterday at €163.40.
Nedelcu covers the Industrials sector, focusing on stocks such as Royal Mail, AP Moller – Maersk, and Flughafen Zurich AG. According to TipRanks, Nedelcu has an average return of 7.4% and a 54.68% success rate on recommended stocks.
Hapag Lloyd has an analyst consensus of Strong Sell, with a price target consensus of €101.83, representing a -37.68% downside. In a report released yesterday, Citi also maintained a Sell rating on the stock with a €125.00 price target.
The company has a one-year high of €191.00 and a one-year low of €102.00. Currently, Hapag Lloyd has an average volume of 1,025.
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Hapag Lloyd (0RCG) Company Description:
Hapag-Lloyd AG is a global liner shipping company engaged in the transportation of various products which include Food products, chemical products, mechanical engineering products, raw materials, textiles, and other products through containers and vessels. Hapag also provides various services such as e-business solutions, security information services, and special cargo services. Its geographical area of operation includes Atlantic, Transpacific, Far East, Middle East, Latin America, Intra-Asia, and EMA(Europe-Mediterranean-Africa).
