Lanxess AG (ETR:LXS) has been given a €79.00 ($92.94) price target by analysts at Deutsche Bank AG in a report issued on Monday, July 10th. The brokerage presently has a “buy” rating on the stock.

A number of other equities research analysts have also recently issued reports on LXS. Warburg Research set a €79.00 ($92.94) price target on shares of Lanxess AG and gave the company a “buy” rating in a report on Saturday, May 20th. Citigroup Inc. set a €80.00 ($94.12) price objective on shares of Lanxess AG and gave the company a “buy” rating in a research report on Saturday, May 20th. Societe Generale set a €67.00 ($78.82) price objective on shares of Lanxess AG and gave the company a “neutral” rating in a research report on Saturday, May 20th. Nord/LB set a €76.00 ($89.41) price objective on shares of Lanxess AG and gave the company a “buy” rating in a research report on Saturday, May 20th. Finally, Macquarie set a €75.00 ($88.24) price objective on shares of Lanxess AG and gave the company a “buy” rating in a research report on Saturday, May 20th. Eleven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of €71.94 ($84.64).

Shares of Lanxess AG (ETR LXS) traded up 0.001% on Monday, hitting €67.232. The company’s stock had a trading volume of 150 shares. The stock has a market capitalization of €6.15 billion and a P/E ratio of 28.356. Lanxess AG has a 52 week low of €41.60 and a 52 week high of €70.85. The stock’s 50 day moving average price is €67.24 and its 200 day moving average price is €65.86.

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About Lanxess AG

LANXESS AG is a Germany-based company engaged in the chemicals sector. The Company specializes in the development, manufacturing and marketing of chemical intermediates, specialty chemicals and plastics. Its business activities are divided into three segments: Performance Polymers, responsible for the manufacture of special-purpose rubbers for rubber products used in vehicles, footwear, engineering and construction area, among others; Advanced Intermediates, focused on the development of intermediates for agrochemicals, coatings industries, pharmaceuticals and tire chemicals, among others, as well as Performance Chemicals, which includes chemicals applied in material protection products, inorganic pigments, finishing agents, leather industry and resins for water treatment, among others.

Analyst Recommendations for Lanxess AG (ETR:LXS)

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