Lanxess (LXS) PT Set at €83.00 by Kepler Capital Markets

Kepler Capital Markets set a €83.00 ($98.81) price objective on Lanxess (ETR:LXS) in a report issued on Wednesday, December 27th. The firm currently has a buy rating on the stock.

A number of other research firms have also weighed in on LXS. Morgan Stanley set a €64.00 ($76.19) price objective on shares of Lanxess and gave the stock a neutral rating in a research note on Tuesday, December 26th. DZ Bank reiterated a buy rating on shares of Lanxess in a research note on Wednesday, December 13th. UBS Group set a €75.00 ($89.29) price objective on shares of Lanxess and gave the stock a buy rating in a research note on Wednesday, December 13th. Deutsche Bank set a €69.00 ($82.14) price objective on shares of Lanxess and gave the stock a neutral rating in a research note on Wednesday, December 13th. Finally, Jefferies Group set a €69.00 ($82.14) price objective on shares of Lanxess and gave the stock a neutral rating in a research note on Tuesday, November 28th. Thirteen equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Lanxess has an average rating of Hold and a consensus price target of €70.80 ($84.29).

Shares of Lanxess (LXS) remained flat at $€68.94 ($82.07) during trading on Wednesday. 426,069 shares of the company were exchanged, compared to its average volume of 341,413. The firm has a market cap of $6,310.00 and a price-to-earnings ratio of 45.66. Lanxess has a 52 week low of €59.89 ($71.30) and a 52 week high of €70.67 ($84.13).

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About Lanxess

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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