LANXESS Aktiengesellschaft (OTCMKTS:LNXSF) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of LANXESS Aktiengesellschaft (OTCMKTS:LNXSF – Get Rating) have been given a consensus rating of “Moderate Buy” by the nine research firms that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $55.00.

A number of equities research analysts recently commented on the stock. The Goldman Sachs Group raised shares of LANXESS Aktiengesellschaft from a “neutral” rating to a “buy” rating in a research report on Sunday, November 27th. Morgan Stanley raised shares of LANXESS Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, January 11th.

LANXESS Aktiengesellschaft Trading Down 10.3 %

OTCMKTS LNXSF opened at $37.49 on Friday. The firm’s 50 day moving average price is $47.87 and its 200-day moving average price is $39.92. LANXESS Aktiengesellschaft has a 52-week low of $27.78 and a 52-week high of $52.00.

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.