Lanxess (ETR:LXS) PT Set at €50.00 by Kepler Capital Markets

Kepler Capital Markets set a €50.00 ($58.14) price target on Lanxess (ETR:LXS) in a research report released on Wednesday, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.

Other analysts have also issued research reports about the company. Warburg Research set a €77.30 ($89.88) target price on Lanxess and gave the stock a buy rating in a report on Thursday, August 15th. Deutsche Bank set a €70.00 ($81.40) target price on Lanxess and gave the stock a buy rating in a report on Monday, August 5th. Goldman Sachs Group set a €61.00 ($70.93) target price on Lanxess and gave the stock a neutral rating in a report on Wednesday. Bank of America set a €66.00 ($76.74) target price on Lanxess and gave the stock a buy rating in a report on Friday, September 20th. Finally, Nord/LB set a €53.00 ($61.63) target price on Lanxess and gave the stock a neutral rating in a report on Friday, October 4th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have assigned a buy rating to the stock. Lanxess presently has a consensus rating of Hold and a consensus price target of €59.85 ($69.59).

Shares of Lanxess stock traded up €0.34 ($0.40) on Wednesday, reaching €62.32 ($72.47). The company’s stock had a trading volume of 257,377 shares, compared to its average volume of 312,027. The company has a market capitalization of $5.42 billion and a price-to-earnings ratio of 14.33. The firm’s fifty day simple moving average is €58.53 and its two-hundred day simple moving average is €53.20. Lanxess has a 52 week low of €39.47 ($45.90) and a 52 week high of €62.36 ($72.51). The company has a quick ratio of 1.51, a current ratio of 2.72 and a debt-to-equity ratio of 107.55.

Lanxess Company Profile

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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