Lanxess AG (ETR:LXS) Given a €72.00 Price Target by Independent Research GmbH Analysts

Lanxess AG (ETR:LXS) has been given a €72.00 ($84.71) price objective by equities researchers at Independent Research GmbH in a report issued on Thursday. The brokerage currently has a “neutral” rating on the stock.

LXS has been the topic of a number of other reports. DZ Bank AG reaffirmed a “buy” rating on shares of Lanxess AG in a research report on Friday, June 9th. UBS AG set a €66.00 ($77.65) 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 ($89.41) target price on shares of Lanxess AG and gave the stock a “buy” rating in a research report on Saturday, May 20th. Deutsche Bank AG set a €79.00 ($92.94) target price on shares of Lanxess AG and gave the stock a “buy” rating in a research report on Friday, June 16th. Finally, Barclays PLC set a €63.00 ($74.12) target price on shares of Lanxess AG and gave the stock a “neutral” rating in a research report on Monday, May 29th. Eleven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Lanxess AG currently has a consensus rating of “Hold” and an average price target of €71.94 ($84.64).

Lanxess AG (ETR:LXS) opened at 64.40 on Thursday. The firm has a market capitalization of €5.89 billion and a PE ratio of 27.16. The stock’s 50 day moving average is €66.95 and its 200-day moving average is €65.90. Lanxess AG has a one year low of €45.20 and a one year high of €70.85.

COPYRIGHT VIOLATION WARNING: “Lanxess AG (ETR:LXS) Given a €72.00 Price Target by Independent Research GmbH Analysts” was first posted by Ticker Report and is the sole property of of Ticker Report. If you are viewing this report on another publication, it was illegally stolen and reposted in violation of international copyright legislation. The correct version of this report can be viewed at https://www.tickerreport.com/banking-finance/2796720/lanxess-ag-etrlxs-given-a-72-00-price-target-by-independent-research-gmbh-analysts.html.

Lanxess AG Company Profile

LANXESS AG is a Germany-based company engaged in the chemicals sector. The Company specializes in the development, manufacturing and marketing of chemical intermediates, specialty chemicals and plastics. Its business activities are divided into three segments: Performance Polymers, responsible for the manufacture of special-purpose rubbers for rubber products used in vehicles, footwear, engineering and construction area, among others; Advanced Intermediates, focused on the development of intermediates for agrochemicals, coatings industries, pharmaceuticals and tire chemicals, among others, as well as Performance Chemicals, which includes chemicals applied in material protection products, inorganic pigments, finishing agents, leather industry and resins for water treatment, among others.

Analyst Recommendations for Lanxess AG (ETR:LXS)

Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.