UBS AG set a €67.00 ($78.82) target price on Lanxess AG (ETR:LXS) in a research report report published on Monday. The firm currently has a neutral rating on the stock.

A number of other equities analysts also recently weighed in on LXS. Kepler Capital Markets set a €87.00 ($102.35) price target on shares of Lanxess AG and gave the stock a buy rating in a research note on Thursday, August 10th. Societe Generale set a €67.00 ($78.82) price target on shares of Lanxess AG and gave the stock a neutral rating in a research note on Monday, August 14th. Macquarie set a €75.00 ($88.24) price target on shares of Lanxess AG and gave the stock a buy rating in a research note on Friday, August 11th. S&P Global set a €70.00 ($82.35) price target on shares of Lanxess AG and gave the stock a neutral rating in a research note on Friday, August 11th. Finally, Nord/LB set a €72.00 ($84.71) price target on shares of Lanxess AG and gave the stock a buy rating in a research note on Monday, August 14th. Twelve analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of €71.56 ($84.18).

Shares of Lanxess AG (LXS) opened at 62.468 on Monday. The company has a 50-day moving average of €66.17 and a 200 day moving average of €65.67. The firm has a market cap of €5.72 billion and a P/E ratio of 39.437. Lanxess AG has a 12-month low of €45.95 and a 12-month high of €70.85.

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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)

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