UBS Analysts Give LANXESS Aktiengesellschaft (LXS) a €75.00 Price Target
UBS set a €75.00 ($89.29) price target on LANXESS Aktiengesellschaft (ETR:LXS) in a research report released on Thursday, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.
Several other analysts also recently weighed in on the company. Macquarie set a €75.00 ($89.29) target price on LANXESS Aktiengesellschaft and gave the company a buy rating in a research note on Thursday, October 26th. DZ Bank restated a buy rating on shares of LANXESS Aktiengesellschaft in a research note on Friday, September 8th. Baader Bank set a €74.00 ($88.10) price target on LANXESS Aktiengesellschaft and gave the stock a neutral rating in a research note on Tuesday, September 5th. Goldman Sachs Group set a €70.00 ($83.33) price target on LANXESS Aktiengesellschaft and gave the stock a neutral rating in a research note on Wednesday, September 6th. Finally, Citigroup set a €80.00 ($95.24) price target on LANXESS Aktiengesellschaft and gave the stock a buy rating in a research note on Wednesday, September 6th. Twelve investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. LANXESS Aktiengesellschaft presently has an average rating of Hold and a consensus target price of €70.95 ($84.46).
Shares of LANXESS Aktiengesellschaft (LXS) opened at €63.00 ($75.00) on Thursday. LANXESS Aktiengesellschaft has a 52 week low of €59.89 ($71.30) and a 52 week high of €70.67 ($84.13).
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LANXESS Aktiengesellschaft Company Profile
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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