Goldman Sachs Group, Inc. (The) Analysts Give Lanxess AG (ETR:LXS) a €69.00 Price Target

Lanxess AG (ETR:LXS) received a €69.00 ($81.18) target price from analysts at Goldman Sachs Group, Inc. (The) in a research note issued on Friday. The firm presently has a “neutral” rating on the stock.

Several other equities analysts have also recently issued reports on the stock. Macquarie set a €75.00 ($88.24) price objective on shares of Lanxess AG and gave the stock a “buy” rating in a research note on Saturday, May 20th. Deutsche Bank AG set a €79.00 ($92.94) price objective on shares of Lanxess AG and gave the stock a “buy” rating in a research note on Saturday, May 20th. Nord/LB set a €76.00 ($89.41) price objective on shares of Lanxess AG and gave the stock a “buy” rating in a research note on Saturday, May 20th. Commerzbank Ag set a €64.00 ($75.29) price objective on shares of Lanxess AG and gave the stock a “buy” rating in a research note on Saturday, May 20th. Finally, Kepler Capital Markets set a €81.00 ($95.29) price objective on shares of Lanxess AG and gave the stock a “buy” rating in a research note on Saturday, May 20th. Eleven analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Lanxess AG currently has an average rating of “Hold” and a consensus price target of €71.72 ($84.38).

Shares of Lanxess AG (ETR LXS) opened at 63.641 on Friday. 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 €66.79 and a 200 day moving average of €65.87. The firm has a market cap of €4.77 billion and a P/E ratio of 40.076.

TRADEMARK VIOLATION WARNING: “Goldman Sachs Group, Inc. (The) Analysts Give Lanxess AG (ETR:LXS) a €69.00 Price Target” was originally posted by Transcript Daily and is owned by of Transcript Daily. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of United States & international trademark and copyright legislation. The original version of this article can be viewed at https://transcriptdaily.com/2017/08/13/goldman-sachs-group-inc-the-analysts-give-lanxess-ag-etrlxs-a-69-00-price-target.html.

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)

Receive News & Ratings for Lanxess AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lanxess AG and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply