Goldman Sachs Group set a €86.00 ($100.00) price target on Lanxess (ETR:LXS) in a report released on Thursday. The brokerage currently has a buy rating on the stock.

Several other research firms have also recently commented on LXS. Deutsche Bank set a €68.00 ($79.07) price objective on Lanxess and gave the company a neutral rating in a research report on Friday, June 15th. Societe Generale set a €70.00 ($81.40) price objective on Lanxess and gave the company a neutral rating in a research report on Monday, August 6th. Cfra set a €77.00 ($89.53) price objective on Lanxess and gave the company a buy rating in a research report on Friday, August 3rd. Kepler Capital Markets set a €86.00 ($100.00) price objective on Lanxess and gave the company a buy rating in a research report on Friday, May 25th. Finally, UBS Group set a €76.00 ($88.37) price objective on Lanxess and gave the company a buy rating in a research report on Thursday, August 2nd. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have issued a buy rating to the stock. Lanxess has a consensus rating of Hold and an average price target of €73.44 ($85.39).

Lanxess stock opened at €67.04 ($77.95) on Thursday. Lanxess has a one year low of €59.89 ($69.64) and a one year high of €74.50 ($86.63).

About Lanxess

LANXESS Aktiengesellschaft, a specialty chemicals company, develops, manufactures, and markets chemical intermediates, specialty chemicals, and plastics worldwide. It operates in five segments: Advanced Intermediates, Specialty Additives, Performance Chemicals, Engineering Materials, and ARLANXEO. The Advanced Intermediates segment offers high-grade intermediates for the agrochemical and coating industries; fine chemicals as precursors and intermediates for the pharmaceutical, agrochemical, and specialty chemical industries; customer-specific specialties; organometallics; and tire chemicals.

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Analyst Recommendations for Lanxess (ETR:LXS)

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