Lanxess AG (LXS) Given a €71.00 Price Target by Goldman Sachs Group, Inc. (The) Analysts
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.
ILLEGAL ACTIVITY NOTICE: This news story was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this news story on another site, it was illegally copied and republished in violation of United States and international copyright legislation. The correct version of this news story can be viewed at https://www.thecerbatgem.com/2017/10/09/lanxess-ag-lxs-given-a-71-00-price-target-by-goldman-sachs-group-inc-the-analysts.html.
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.
Receive News & Stock Ratings for Lanxess AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lanxess AG and related stocks with our FREE daily email newsletter.