HAMBURG (dpa-AFX Broker) - The private bank Berenberg has lowered its price target for Hapag-Lloyd from 127 to 124 euros and left the rating at "Hold". A cautious outlook of the container shipping company for the year 2024 is reasonable, analyst Benjamin Thielmann wrote in a study published on Tuesday. He cut his earnings per share estimate to the midpoint of this year's target range. While volumes look promising, freight rates are likely to decline./tih/la

Publication of the original study: 18.03.2024 / 18:00 / GMT

First dissemination of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

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