Lanxess (LXS) PT Set at €73.00 by UBS

UBS set a €73.00 ($86.90) price objective on Lanxess (ETR:LXS) in a research note released on Monday morning, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.

Other equities analysts have also issued reports about the stock. Deutsche Bank set a €68.00 ($80.95) price target on shares of Lanxess and gave the company a neutral rating in a research report on Friday, March 16th. Barclays set a €65.00 ($77.38) price target on shares of Lanxess and gave the company a neutral rating in a research report on Friday, April 20th. Main First Bank set a €65.00 ($77.38) price target on shares of Lanxess and gave the company a sell rating in a research report on Tuesday, April 10th. equinet set a €83.00 ($98.81) price target on shares of Lanxess and gave the company a buy rating in a research report on Friday, May 4th. Finally, Independent Research set a €71.00 ($84.52) price target on shares of Lanxess and gave the company a neutral rating in a research report on Monday, May 7th. One investment analyst has rated the stock with a sell rating, sixteen have issued a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of €71.39 ($84.99).

Shares of ETR:LXS opened at €70.16 ($83.52) on Monday. Lanxess has a 12 month low of €59.89 ($71.30) and a 12 month high of €74.50 ($88.69).

About Lanxess

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 (ETR:LXS)

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