A number of other equities analysts also recently issued reports on LXS. Independent Research set a €48.00 ($55.81) price target on Lanxess and gave the stock a neutral rating in a research report on Friday, January 11th. UBS Group set a €53.00 ($61.63) price target on Lanxess and gave the stock a neutral rating in a research report on Monday, February 4th. Cfra set a €65.00 ($75.58) price target on Lanxess and gave the stock a buy rating in a research report on Tuesday, November 13th. Goldman Sachs Group set a €84.00 ($97.67) price target on Lanxess and gave the stock a buy rating in a research report on Monday, November 12th. Finally, HSBC set a €80.00 ($93.02) price target on Lanxess and gave the stock a buy rating in a research report on Thursday, December 13th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have given a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of €62.26 ($72.40).
Shares of LXS stock opened at €47.57 ($55.31) on Monday. Lanxess has a 12-month low of €59.89 ($69.64) and a 12-month high of €74.50 ($86.63).
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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