The Goldman Sachs Group Analysts Give LANXESS Aktiengesellschaft (ETR:LXS) a €52.00 Price Target

The Goldman Sachs Group set a €52.00 ($61.18) target price on LANXESS Aktiengesellschaft (ETR:LXS) in a research note published on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.

A number of other brokerages also recently commented on LXS. DZ Bank reaffirmed a buy rating on shares of LANXESS Aktiengesellschaft in a research report on Friday, March 12th. Jefferies Financial Group set a €62.00 ($72.94) price target on LANXESS Aktiengesellschaft and gave the company a neutral rating in a research report on Wednesday, January 13th. Independent Research set a €64.00 ($75.29) price target on LANXESS Aktiengesellschaft and gave the company a neutral rating in a research report on Friday, March 12th. JPMorgan Chase & Co. set a €65.00 ($76.47) price target on LANXESS Aktiengesellschaft and gave the company a neutral rating in a research report on Wednesday, January 27th. Finally, Morgan Stanley set a €61.00 ($71.76) price target on LANXESS Aktiengesellschaft and gave the company a neutral rating in a research report on Friday, April 16th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the stock. The company has a consensus rating of Hold and an average target price of €67.20 ($79.06).

Shares of LXS opened at €62.84 ($73.93) on Wednesday. The company has a current ratio of 2.23, a quick ratio of 1.56 and a debt-to-equity ratio of 94.40. The company has a market capitalization of $5.43 billion and a price-to-earnings ratio of 6.08. The stock has a 50 day moving average of €62.74 and a 200 day moving average of €60.54. LANXESS Aktiengesellschaft has a 12 month low of €41.31 ($48.60) and a 12 month high of €67.38 ($79.27).

LANXESS Aktiengesellschaft Company Profile

LANXESS Aktiengesellschaft, a specialty chemicals company, develops, manufactures, and markets chemical intermediates, additives, specialty chemicals, and plastics worldwide. It operates through four segments: Advanced Intermediates, Specialty Additives, Consumer Protection, and Engineering Materials.

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Analyst Recommendations for LANXESS Aktiengesellschaft (ETR:LXS)

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