Kepler Capital Markets Analysts Give Lanxess AG (LXS) a €87.00 Price Target
Other equities analysts have also recently issued reports about the company. UBS AG set a €68.00 ($80.95) price objective on Lanxess AG and gave the stock a neutral rating in a report on Monday, June 12th. Macquarie set a €75.00 ($89.29) price objective on Lanxess AG and gave the stock a buy rating in a report on Thursday, June 29th. Deutsche Bank AG reiterated a buy rating on shares of Lanxess AG in a report on Thursday, June 22nd. DZ Bank AG reiterated a buy rating on shares of Lanxess AG in a report on Friday, September 8th. Finally, Goldman Sachs Group, Inc. (The) set a €71.00 ($84.52) price objective on Lanxess AG and gave the stock a neutral rating in a report on Monday, June 19th. Eleven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Lanxess AG presently has an average rating of Hold and a consensus target price of €71.56 ($85.19).
Shares of Lanxess AG (ETR:LXS) opened at 66.499 on Wednesday. Lanxess AG has a 52 week low of €47.94 and a 52 week high of €70.85. The firm has a market capitalization of €6.09 billion and a price-to-earnings ratio of 41.982. The stock’s 50 day moving average price is €64.37 and its 200-day moving average price is €65.31.
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About Lanxess AG
LANXESS Aktiengesellschaft develops, manufactures, and markets chemical intermediates, specialty chemicals, and plastics worldwide. It operates in four segments: Advanced Intermediates, Performance Chemicals, High Performance Materials, and ARLANXEO. The Advanced Intermediates segment offers high-grade intermediates for the agrochemicals and coatings industries; fine chemicals as precursors and intermediates for pharmaceuticals, agrochemicals, and specialty chemicals industries; customer-specific specialties; and tire chemicals.
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