Baader Bank set a €65.00 ($75.58) price target on Lanxess (ETR:LXS) in a research report sent to investors on Friday morning. The firm currently has a sell rating on the stock.

Other research analysts have also issued research reports about the company. Barclays set a €68.00 ($79.07) target price on Lanxess and gave the stock a neutral rating in a research report on Friday, August 3rd. equinet set a €83.00 ($96.51) target price on Lanxess and gave the stock a buy rating in a research report on Friday, August 3rd. Kepler Capital Markets set a €86.00 ($100.00) target price on Lanxess and gave the stock a buy rating in a research report on Thursday, August 2nd. UBS Group set a €76.00 ($88.37) target price on Lanxess and gave the stock a buy rating in a research report on Thursday, August 9th. Finally, HSBC set a €95.00 ($110.47) target price on Lanxess and gave the stock a buy rating in a research report on Friday, August 10th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have assigned a buy rating to the company. Lanxess currently has an average rating of Hold and an average price target of €73.67 ($85.67).

Shares of LXS traded down €0.22 ($0.26) during mid-day trading on Friday, hitting €56.02 ($65.14). The stock had a trading volume of 264,037 shares, compared to its average volume of 312,027. Lanxess has a fifty-two week low of €59.89 ($69.64) and a fifty-two week high of €74.50 ($86.63).

About Lanxess

LANXESS Aktiengesellschaft, a specialty chemicals company, develops, manufactures, and markets chemical intermediates, specialty chemicals, and plastics worldwide. It operates in five segments: Advanced Intermediates, Specialty Additives, Performance Chemicals, Engineering Materials, and ARLANXEO. The Advanced Intermediates segment offers high-grade intermediates for the agrochemical and coating industries; fine chemicals as precursors and intermediates for the pharmaceutical, agrochemical, and specialty chemical industries; customer-specific specialties; organometallics; and tire chemicals.

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Analyst Recommendations for Lanxess (ETR:LXS)

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