Lanxess (LXS) Given a €67.00 Price Target at JPMorgan Chase

JPMorgan Chase set a €67.00 ($79.76) target price on Lanxess (ETR:LXS) in a report released on Tuesday. The firm currently has a neutral rating on the stock.

LXS has been the subject of a number of other research reports. Independent Research set a €71.00 ($84.52) price objective on Lanxess and gave the company a neutral rating in a research note on Monday, May 7th. Main First Bank set a €65.00 ($77.38) price objective on Lanxess and gave the company a sell rating in a research note on Tuesday, April 10th. UBS set a €75.00 ($89.29) price objective on Lanxess and gave the company a buy rating in a research note on Monday, February 5th. equinet set a €83.00 ($98.81) price objective on Lanxess and gave the company a buy rating in a research note on Thursday, March 15th. Finally, Baader Bank set a €75.00 ($89.29) price objective on Lanxess and gave the company a neutral rating in a research note on Tuesday, February 6th. One investment analyst has rated the stock with a sell rating, sixteen have given a hold rating and eight have issued a buy rating to the company. The stock has a consensus rating of Hold and an average target price of €71.39 ($84.99).

Shares of Lanxess opened at €70.52 ($83.95) on Tuesday, according to MarketBeat. Lanxess has a fifty-two week low of €59.89 ($71.30) and a fifty-two week high of €74.50 ($88.69).

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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