Analyst Price Target is $100.00
▲ +22.47% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Lenzing Aktiengesellschaft in the last 3 months. The average price target is $100.00, with a high forecast of $100.00 and a low forecast of $100.00. The average price target represents a 22.47% upside from the last price of $81.65.
Current Consensus is
The current consensus among 2 polled investment analysts is to hold stock in Lenzing Aktiengesellschaft. This rating has held steady since June 2021, when it changed from a Buy consensus rating.
Lenzing Aktiengesellschaft produces and markets wood-based cellulosic fibers for the textile and nonwoven sectors in Austria, rest of Europe, Asia, the Americas, and internationally. The company operates through Division Fiber, Division Pulp, and Others segments. It offers lyocell fibers for applications in sportswear, home textiles, and mattresses, as well as hygiene articles such as wet wipes and baby wipes; modal fibers; viscose fibers for use in clothing fabrics, wipes, tampons, and wound dressings; and filament yarns under the LENZING, TENCEL, VEOCEL, and LENZING ECOVERO brand names. The company also provides biorefinery products comprising acetic acid biobased, furfural biobased, magnesium lignosulphonate biobased, soda ash, sodium sulphate, and xylose. It also operates in the field of mechanical and plant engineering; engages in the training and personnel development activities; and provides engineering services. The company was formerly known as Chemiefaser Lenzing AG and changed its name to Lenzing Aktiengesellschaft in 1984. Lenzing Aktiengesellschaft was founded in 1892 and is headquartered in Lenzing, Austria.