Lanxess (LXS) Given a €86.00 Price Target by Goldman Sachs Group Analysts

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Goldman Sachs Group set a €86.00 ($100.00) price target on Lanxess (ETR:LXS) in a report released on Monday. The firm currently has a buy rating on the stock.

Several other equities research analysts have also commented on the company. UBS Group set a €78.00 ($90.70) price objective on Lanxess and gave the stock a buy rating in a research note on Monday, August 20th. Warburg Research set a €87.00 ($101.16) price objective on Lanxess and gave the stock a buy rating in a research note on Tuesday, August 14th. DZ Bank set a €74.00 ($86.05) price objective on Lanxess and gave the stock a neutral rating in a research note on Friday, August 10th. Independent Research set a €72.00 ($83.72) price objective on Lanxess and gave the stock a neutral rating in a research note on Friday, August 10th. Finally, HSBC set a €95.00 ($110.47) price objective on Lanxess and gave the stock a buy rating in a research note on Friday, August 10th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have assigned a buy rating to the company. The company has a consensus rating of Hold and an average price target of €74.13 ($86.20).

ETR:LXS opened at €65.64 ($76.33) on Monday. Lanxess has a 12 month low of €59.89 ($69.64) and a 12 month high of €74.50 ($86.63).

About Lanxess

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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