LANXESS Aktiengesellschaft (OTCMKTS:LNXSF) Given Consensus Recommendation of “Moderate Buy” by Analysts

LANXESS Aktiengesellschaft (OTCMKTS:LNXSF – Get Rating) has been assigned an average rating of “Moderate Buy” from the nine analysts that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $55.00.

Several brokerages have recently weighed in on LNXSF. Morgan Stanley upgraded shares of LANXESS Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a report on Wednesday, January 11th. The Goldman Sachs Group upgraded shares of LANXESS Aktiengesellschaft from a “neutral” rating to a “buy” rating in a report on Sunday, November 27th.

LANXESS Aktiengesellschaft Stock Down 10.3 %

LANXESS Aktiengesellschaft stock opened at $37.49 on Friday. LANXESS Aktiengesellschaft has a 12-month low of $27.78 and a 12-month high of $52.00. The firm’s 50-day moving average is $47.87 and its two-hundred day moving average is $39.92.

LANXESS Aktiengesellschaft Company Profile

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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, 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.