Deutsche Bank Aktiengesellschaft initiated coverage on shares of LSB Industries (NYSE:LXU – Get Rating) in a research note published on Tuesday morning, The Fly reports. The brokerage issued a buy rating and a $16.00 price objective on the conglomerate’s stock.
LXU has been the topic of several other reports. StockNews.com downgraded shares of LSB Industries from a buy rating to a hold rating in a report on Friday, January 6th. UBS Group lowered their price target on shares of LSB Industries from $18.00 to $17.00 and set a buy rating on the stock in a report on Thursday, February 23rd. Royal Bank of Canada lowered their price target on shares of LSB Industries from $20.00 to $18.00 and set an outperform rating on the stock in a report on Monday, January 30th. The Goldman Sachs Group lowered their price target on shares of LSB Industries from $18.00 to $17.00 and set a neutral rating on the stock in a report on Monday, February 27th. Finally, Jefferies Financial Group started coverage on shares of LSB Industries in a report on Wednesday, November 30th. They set a buy rating and a $20.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, LSB Industries presently has an average rating of Moderate Buy and a consensus price target of $19.57.
LSB Industries Stock Up 0.5 %
LXU stock opened at $11.52 on Tuesday. The firm’s fifty day simple moving average is $12.67 and its 200-day simple moving average is $14.18. The company has a market capitalization of $877.02 million, a P/E ratio of 4.33 and a beta of 1.60. The company has a debt-to-equity ratio of 1.36, a current ratio of 3.98 and a quick ratio of 3.76. LSB Industries has a 12 month low of $11.36 and a 12 month high of $27.45.
Hedge Funds Weigh In On LSB Industries
LSB Industries Company Profile
LSB Industries, Inc engages in manufacturing, marketing, and sale of chemical products for the agricultural, mining, and industrial markets. It also own and operate facilities in El Dorado, Arkansas (El Dorado Facility), Cherokee, Alabama (Cherokee Facility), and Pryor, Oklahoma (Pryor Facility), as well as facility for Covestro AG (Covestro) in Baytown, Texas (Baytown Facility).
- Get a free copy of the StockNews.com research report on LSB Industries (LXU)
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