In a report released yesterday, Christian Faitz from Kepler Capital maintained a Sell rating on LANXESS (LNXSF), with a price target of EUR50.00. The company’s shares closed last Monday at $53.08.
Faitz has an average return of 2.4% when recommending LANXESS.
According to TipRanks.com, Faitz is ranked #2438 out of 5934 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for LANXESS with a $67.68 average price target.
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LANXESS’s market cap is currently $4.64B and has a P/E ratio of 15.99. The company has a Price to Book ratio of 1.53.
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LANXESS AG is a holding company, which engages in the provision of specialty chemicals. It operates through the following segments: Advanced Intermediates, Specialty Additives, Performance Chemicals, High Performance Materials, and Arlanxeo.
