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) target price on Lanxess (ETR:LXS) in a research report sent to investors on Thursday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

A number of other equities research analysts also recently issued reports on the stock. Kepler Capital Markets set a €49.00 ($56.98) price target on shares of Scout24 and gave the company a neutral rating in a research note on Tuesday, May 14th. Credit Suisse Group set a €19.00 ($22.09) price target on shares of K&S and gave the company a neutral rating in a research note on Tuesday, May 14th. Independent Research set a €52.00 ($60.47) price target on shares of Lanxess and gave the company a neutral rating in a research note on Wednesday, May 15th. HSBC upped their price target on shares of Johnson Service Group from GBX 148 ($1.93) to GBX 180 ($2.35) and gave the company a buy rating in a research note on Friday, July 5th. Finally, Berenberg Bank set a €126.00 ($146.51) price target on shares of Nemetschek and gave the company a neutral rating in a research note on Thursday, March 21st. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of €61.85 ($71.92).

LXS stock opened at €54.28 ($63.12) on Thursday. Lanxess has a one year low of €39.47 ($45.90) and a one year high of €72.42 ($84.21). The stock has a fifty day moving average of €48.71. The company has a debt-to-equity ratio of 101.71, a current ratio of 2.61 and a quick ratio of 1.53. The stock has a market capitalization of $4.97 billion and a P/E ratio of 11.82.

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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