Analyst Price Target is $53.29
▲ +42.13% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for LANXESS Aktiengesellschaft in the last 3 months. The average price target is $53.29, with a high forecast of $64.00 and a low forecast of $43.00. The average price target represents a 42.13% upside from the last price of $37.49.
Current Consensus is
Buy
The current consensus among 7 contributing investment analysts is to buy stock in LANXESS Aktiengesellschaft. This Buy consensus rating has held steady for over two years.
LANXESS AG is a holding company, which engages in the provision of specialty chemicals. It operates through the following segments: Advanced Intermediates, Specialty Additives, Consumer Protection, and Engineering Materials. The Advanced Intermediates segment comprises operational business areas that essentially manufacture standardized and high-volume products in capital-intensive and predominantly continuous production processes. The Specialty Additives consists of operational business units that manufacture additives in chemical production processes. The Consumer Protection segment refers to operational business units that manufacture consumer protection products in chemical production processes. The Engineering Materials operates business units which manufacture high-tech plastics and high-performance composites using mainly continuous production processes. The company was founded on July 1, 2004 and is headquartered in Cologne, Germany.
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