Goldman Sachs Group, Inc. (The) set a €71.00 ($83.53) price target on Lanxess AG (ETR:LXS) in a research note released on Thursday morning. The firm currently has a neutral rating on the stock.

Several other research firms have also recently weighed in on LXS. Nord/LB set a €72.00 ($84.71) price target on shares of Lanxess AG and gave the stock a buy rating in a report on Monday, August 14th. Independent Research GmbH set a €70.00 ($82.35) price target on shares of Lanxess AG and gave the stock a neutral rating in a report on Wednesday, September 6th. Credit Suisse Group set a €70.00 ($82.35) price target on shares of Lanxess AG and gave the stock a neutral rating in a report on Friday, June 16th. Barclays PLC set a €62.00 ($72.94) price target on shares of Lanxess AG and gave the stock a neutral rating in a report on Friday, August 11th. Finally, Deutsche Bank AG set a €79.00 ($92.94) price target on shares of Lanxess AG and gave the stock a buy rating in a report on Monday, July 10th. Twelve research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock has an average rating of Hold and an average target price of €71.26 ($83.84).

Lanxess AG (ETR:LXS) opened at 66.40 on Thursday. The stock has a 50 day moving average price of €64.63 and a 200 day moving average price of €65.49. Lanxess AG has a 52 week low of €53.00 and a 52 week high of €70.85. The company has a market cap of €6.08 billion and a price-to-earnings ratio of 41.92.

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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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