LANXESS Aktiengesellschaft (ETR:LXS) has been assigned a €75.00 ($89.29) target price by research analysts at UBS in a note issued to investors on Thursday, www.boersen-zeitung.de reports. The brokerage currently has a “buy” rating on the stock. UBS’s target price indicates a potential upside of 19.10% from the company’s previous close.

Several other equities analysts have also weighed in on LXS. Baader Bank set a €74.00 ($88.10) price target on LANXESS Aktiengesellschaft and gave the company a “neutral” rating in a research note on Thursday, August 10th. Commerzbank set a €64.00 ($76.19) price target on LANXESS Aktiengesellschaft and gave the company a “buy” rating in a research note on Thursday, August 10th. Independent Research set a €72.00 ($85.71) price target on LANXESS Aktiengesellschaft and gave the company a “neutral” rating in a research note on Thursday, August 10th. Kepler Capital Markets set a €87.00 ($103.57) price target on LANXESS Aktiengesellschaft and gave the company a “buy” rating in a research note on Thursday, August 10th. Finally, Barclays set a €62.00 ($73.81) price target on LANXESS Aktiengesellschaft and gave the company a “neutral” rating in a research note on Friday, August 11th. Twelve equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of €70.95 ($84.46).

LANXESS Aktiengesellschaft (LXS) opened at €62.97 ($74.96) on Thursday. LANXESS Aktiengesellschaft has a 52 week low of €57.39 ($68.32) and a 52 week high of €70.67 ($84.13).

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LANXESS Aktiengesellschaft Company Profile

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 Aktiengesellschaft (ETR:LXS)

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