Lanxess AG (LXS) Given a €79.00 Price Target by Deutsche Bank AG Analysts
LXS has been the topic of several other research reports. Macquarie set a €75.00 ($89.29) target price on shares of Lanxess AG and gave the company a buy rating in a research note on Saturday, May 20th. Kepler Capital Markets set a €87.00 ($103.57) target price on shares of Lanxess AG and gave the company a buy rating in a research note on Tuesday, August 29th. Jefferies Group LLC set a €69.00 ($82.14) target price on shares of Lanxess AG and gave the company a neutral rating in a research note on Friday, May 26th. Goldman Sachs Group, Inc. (The) set a €69.00 ($82.14) target price on shares of Lanxess AG and gave the company a neutral rating in a research note on Friday, July 14th. Finally, Commerzbank Ag set a €64.00 ($76.19) target price on shares of Lanxess AG and gave the company a buy rating in a research note on Thursday, August 10th. Twelve research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus target price of €71.50 ($85.12).
Shares of Lanxess AG (ETR:LXS) opened at 63.061 on Wednesday. The company has a 50 day moving average of €64.89 and a 200-day moving average of €65.39. Lanxess AG has a 12-month low of €45.95 and a 12-month high of €70.85. The firm has a market cap of €5.77 billion and a PE ratio of 39.811.
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Lanxess AG 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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