Lanxess AG (ETR:LXS) has been assigned a €87.00 ($103.57) price objective by Kepler Capital Markets in a note issued to investors on Tuesday. The firm presently has a “buy” rating on the stock.

A number of other research firms also recently issued reports on LXS. S&P Global set a €70.00 ($83.33) target price on shares of Lanxess AG and gave the stock a “neutral” rating in a research report on Saturday, May 20th. Warburg Research set a €79.00 ($94.05) target price on shares of Lanxess AG and gave the stock a “buy” rating in a research report on Saturday, May 20th. Baader Bank set a €67.00 ($79.76) target price on shares of Lanxess AG and gave the stock a “neutral” rating in a research report on Saturday, May 20th. Nord/LB set a €76.00 ($90.48) target price on shares of Lanxess AG and gave the stock a “buy” rating in a research report on Saturday, May 20th. Finally, Commerzbank Ag set a €64.00 ($76.19) target price on shares of Lanxess AG and gave the stock a “buy” rating in a research report on Saturday, May 20th. Twelve research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Lanxess AG has a consensus rating of “Hold” and a consensus target price of €71.56 ($85.19).

Shares of Lanxess AG (ETR:LXS) opened at 62.67 on Tuesday. The firm has a 50-day moving average of €65.89 and a 200 day moving average of €65.61. The stock has a market capitalization of €5.74 billion and a PE ratio of 39.56. Lanxess AG has a 52-week low of €45.95 and a 52-week high of €70.85.

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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.

Analyst Recommendations for Lanxess AG (ETR:LXS)

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