Lanxess (ETR:LXS) Given a €53.00 Price Target by UBS Group Analysts

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UBS Group set a €53.00 ($61.63) price objective on Lanxess (ETR:LXS) in a report released on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

A number of other research analysts also recently weighed in on LXS. Deutsche Bank set a €70.00 ($81.40) price objective on Lanxess and gave the company a buy rating in a research note on Monday, August 5th. Barclays set a €55.00 ($63.95) price objective on Lanxess and gave the company a neutral rating in a research note on Thursday, August 8th. Baader Bank set a €45.00 ($52.33) price objective on Lanxess and gave the company a sell rating in a research note on Friday, August 2nd. Credit Suisse Group set a €54.00 ($62.79) price objective on Lanxess and gave the company a neutral rating in a research note on Tuesday, May 14th. Finally, Nord/LB set a €53.00 ($61.63) price objective on Lanxess and gave the company a neutral rating in a research note on Friday, August 2nd. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have assigned a buy rating to the stock. The company has an average rating of Hold and a consensus target price of €60.92 ($70.84).

Shares of LXS stock opened at €50.14 ($58.30) on Tuesday. The stock’s 50 day simple moving average is €53.46 and its 200 day simple moving average is €50.06. The company has a debt-to-equity ratio of 107.55, a quick ratio of 1.51 and a current ratio of 2.72. Lanxess has a twelve month low of €39.47 ($45.90) and a twelve month high of €70.66 ($82.16). The company has a market capitalization of $4.55 billion and a price-to-earnings ratio of 11.53.

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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