Lanxess (LXS) PT Set at €75.00 by UBS Group

UBS Group set a €75.00 ($92.59) target price on Lanxess (ETR:LXS) in a report published on Monday, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.

Several other equities research analysts have also commented on the stock. Credit Suisse Group set a €72.70 ($89.75) price target on shares of Lanxess and gave the stock a neutral rating in a research note on Thursday, January 25th. DZ Bank restated a buy rating on shares of Lanxess in a research note on Friday, January 19th. Bank of America restated a buy rating on shares of Lanxess in a research note on Thursday, January 11th. JPMorgan Chase & Co. set a €67.00 ($82.72) price objective on shares of Lanxess and gave the company a neutral rating in a research note on Monday, January 8th. Finally, Independent Research set a €73.00 ($90.12) price objective on shares of Lanxess and gave the company a neutral rating in a research note on Friday, January 5th. Fourteen equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company currently has an average rating of Hold and an average price target of €71.29 ($88.01).

Shares of Lanxess (ETR:LXS) opened at €66.46 ($82.05) on Monday. Lanxess has a one year low of €59.89 ($73.94) and a one year high of €74.50 ($91.98). The company has a market cap of $6,120.00 and a price-to-earnings ratio of 44.01.

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Lanxess 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 (ETR:LXS)

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