Lanxess (ETR:LXS) Stock Rating Reaffirmed by Goldman Sachs Group

Goldman Sachs Group reiterated their neutral rating on shares of Lanxess (ETR:LXS) in a research note released on Monday, Borsen Zeitung reports.

A number of other analysts have also recently commented on LXS. Berenberg Bank set a €55.00 ($63.95) price target on Lanxess and gave the company a neutral rating in a research note on Wednesday, September 25th. UBS Group set a €56.00 ($65.12) price target on Lanxess and gave the company a neutral rating in a research note on Wednesday, November 13th. Nord/LB set a €55.00 ($63.95) price target on Lanxess and gave the company a neutral rating in a research note on Wednesday, November 13th. Credit Suisse Group set a €57.00 ($66.28) price target on Lanxess and gave the company a neutral rating in a research note on Thursday, November 14th. Finally, Baader Bank set a €60.00 ($69.77) price target on Lanxess and gave the company a neutral rating in a research note on Monday, November 25th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and five have issued a buy rating to the stock. Lanxess presently has an average rating of Hold and a consensus target price of €64.00 ($74.42).

Shares of LXS stock opened at €61.00 ($70.93) on Monday. The company has a debt-to-equity ratio of 102.70, a current ratio of 2.70 and a quick ratio of 1.54. The stock has a market cap of $5.33 billion and a PE ratio of 15.49. The stock has a 50-day moving average of €61.00 and a 200-day moving average of €54.85. Lanxess has a one year low of €39.47 ($45.90) and a one year high of €64.58 ($75.09).

About Lanxess

LANXESS Aktiengesellschaft, a specialty chemicals company, develops, manufactures, and markets chemical intermediates, specialty chemicals, and plastics worldwide. It operates in five segments: Advanced Intermediates, Specialty Additives, Performance Chemicals, Engineering Materials, and ARLANXEO. The Advanced Intermediates segment offers high-grade intermediates for the agrochemical and coating industries; fine chemicals as precursors and intermediates for the pharmaceutical, agrochemical, and specialty chemical industries; customer-specific specialties; organometallics; and tire chemicals.

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Analyst Recommendations for Lanxess (ETR:LXS)

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