Lanxess AG (LXS) Given a €71.00 Price Target by Goldman Sachs Group, Inc. (The) Analysts

Lanxess AG (ETR:LXS) has been given a €71.00 ($83.53) price target by stock analysts at Goldman Sachs Group, Inc. (The) in a report issued on Wednesday. The brokerage presently has a “neutral” rating on the stock.

Several other analysts have also issued reports on LXS. Deutsche Bank AG set a €79.00 ($92.94) price target on shares of Lanxess AG and gave the stock a “buy” rating in a research report on Friday, June 16th. Credit Suisse Group set a €70.00 ($82.35) price target on shares of Lanxess AG and gave the stock a “neutral” rating in a research report on Friday, June 16th. Kepler Capital Markets set a €87.00 ($102.35) price target on shares of Lanxess AG and gave the stock a “buy” rating in a research report on Wednesday, June 28th. Macquarie set a €75.00 ($88.24) target price on shares of Lanxess AG and gave the company a “buy” rating in a research report on Thursday, June 29th. Finally, J P Morgan Chase & Co set a €67.00 ($78.82) target price on shares of Lanxess AG and gave the company a “neutral” rating in a research report on Friday, June 30th. Twelve investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Lanxess AG presently has an average rating of “Hold” and a consensus target price of €71.26 ($83.84).

Lanxess AG (ETR LXS) opened at 66.05 on Wednesday. The stock has a 50 day moving average of €64.81 and a 200-day moving average of €65.60. Lanxess AG has a 1-year low of €53.00 and a 1-year high of €70.85. The company has a market cap of €6.05 billion and a PE ratio of 41.70.

TRADEMARK VIOLATION WARNING: “Lanxess AG (LXS) Given a €71.00 Price Target by Goldman Sachs Group, Inc. (The) Analysts” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this story on another site, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The correct ver

Several other analysts have also issued reports on LXS. Deutsche Bank AG set a €79.00 ($92.94) price target on shares of Lanxess AG and gave the stock a “buy” rating in a research report on Friday, June 16th. Credit Suisse Group set a €70.00 ($82.35) price target on shares of Lanxess AG and gave the stock a “neutral” rating in a research report on Friday, June 16th. Kepler Capital Markets set a €87.00 ($102.35) price target on shares of Lanxess AG and gave the stock a “buy” rating in a research report on Wednesday, June 28th. Macquarie set a €75.00 ($88.24) target price on shares of Lanxess AG and gave the company a “buy” rating in a research report on Thursday, June 29th. Finally, J P Morgan Chase & Co set a €67.00 ($78.82) target price on shares of Lanxess AG and gave the company a “neutral” rating in a research report on Friday, June 30th. Twelve investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Lanxess AG presently has an average rating of “Hold” and a consensus target price of €71.26 ($83.84).

Lanxess AG (ETR LXS) opened at 66.05 on Wednesday. The stock has a 50 day moving average of €64.81 and a 200-day moving average of €65.60. Lanxess AG has a 1-year low of €53.00 and a 1-year high of €70.85. The company has a market cap of €6.05 billion and a PE ratio of 41.70.

TRADEMARK VIOLATION WARNING: “Lanxess AG (LXS) Given a €71.00 Price Target by Goldman Sachs Group, Inc. (The) Analysts” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this story on another site, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The correct version of this story can be viewed at https://ledgergazette.com/2017/10/11/lanxess-ag-lxs-given-a-71-00-price-target-by-goldman-sachs-group-inc-the-analysts-2.html.

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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