Shares of Lanxess AG (ETR:LXS) have received an average rating of “Hold” from the nineteen analysts that are currently covering the stock, MarketBeat Ratings reports. Eleven analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is €71.56 ($85.19).

Several research firms recently commented on LXS. UBS AG set a €68.00 ($80.95) target price on Lanxess AG and gave the stock a “neutral” rating in a research report on Monday, June 12th. Kepler Capital Markets set a €87.00 ($103.57) target price on Lanxess AG and gave the stock a “buy” rating in a research report on Thursday, August 10th. Macquarie set a €75.00 ($89.29) target price on Lanxess AG and gave the stock a “buy” rating in a research report on Friday, August 11th. S&P Global set a €70.00 ($83.33) target price on Lanxess AG and gave the stock a “neutral” rating in a research report on Friday, August 11th. Finally, Societe Generale set a €67.00 ($79.76) target price on Lanxess AG and gave the stock a “neutral” rating in a research report on Monday, August 14th.

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Shares of Lanxess AG (LXS) opened at 66.301 on Friday. Lanxess AG has a 12 month low of €47.94 and a 12 month high of €70.85. The company has a market capitalization of €6.07 billion and a P/E ratio of 41.857. The company’s 50 day moving average price is €64.37 and its 200 day moving average price is €65.31.

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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