Lanxess AG (LXS) Given a €67.00 Price Target by Societe Generale Analysts

Societe Generale set a €67.00 ($79.76) price objective on Lanxess AG (ETR:LXS) in a report published on Thursday. The firm currently has a neutral rating on the stock.

Other analysts have also recently issued reports about the company. Macquarie set a €75.00 ($89.29) target price on Lanxess AG and gave the company a buy rating in a report on Saturday, May 20th. Deutsche Bank AG set a €79.00 ($94.05) target price on Lanxess AG and gave the company a buy rating in a report on Saturday, May 20th. Nord/LB set a €76.00 ($90.48) target price on Lanxess AG and gave the company a buy rating in a report on Saturday, May 20th. Commerzbank Ag set a €64.00 ($76.19) target price on Lanxess AG and gave the company a buy rating in a report on Saturday, May 20th. Finally, Kepler Capital Markets set a €81.00 ($96.43) target price on Lanxess AG and gave the company a buy rating in a report on Saturday, May 20th. Eleven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Lanxess AG currently has an average rating of Hold and a consensus target price of €71.56 ($85.19).

Shares of Lanxess AG (LXS) opened at 62.952 on Thursday. Lanxess AG has a 12 month low of €45.95 and a 12 month high of €70.85. The company has a 50 day moving average of €64.64 and a 200-day moving average of €65.36. The firm has a market capitalization of €5.76 billion and a P/E ratio of 39.742.

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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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