Jefferies Group LLC Analysts Give Lanxess AG (LXS) a €69.00 Price Target

Jefferies Group LLC set a €69.00 ($82.14) price objective on Lanxess AG (ETR:LXS) in a research report released on Tuesday morning. The brokerage currently has a neutral rating on the stock.

A number of other equities research analysts have also weighed in on LXS. UBS AG set a €66.00 ($78.57) price objective on Lanxess AG and gave the company a neutral rating in a research note on Saturday, May 20th. Kepler Capital Markets set a €87.00 ($103.57) price objective on Lanxess AG and gave the company a buy rating in a research note on Thursday, August 10th. Macquarie set a €75.00 ($89.29) price objective on Lanxess AG and gave the company a buy rating in a research note on Friday, August 11th. S&P Global set a €70.00 ($83.33) price objective on Lanxess AG and gave the company a neutral rating in a research note on Friday, August 11th. Finally, Societe Generale set a €67.00 ($79.76) price objective on Lanxess AG and gave the company a neutral rating in a research note on Monday, August 14th. Eleven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average price target of €71.56 ($85.19).

Shares of Lanxess AG (LXS) opened at 64.324 on Tuesday. Lanxess AG has a 1-year low of €46.40 and a 1-year high of €70.85. The stock has a market cap of €5.89 billion and a PE ratio of 40.609. The company’s 50-day moving average price is €64.38 and its 200 day moving average price is €65.29.

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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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