Morgan Stanley reissued their equal weight rating on shares of Lanxess (OTCMKTS:LNXSF) in a research report released on Monday morning, The Fly reports.
Other analysts have also issued research reports about the stock. Deutsche Bank reiterated a buy rating on shares of Lanxess in a research note on Thursday, March 12th. Berenberg Bank reiterated a buy rating on shares of Lanxess in a research note on Thursday, March 19th. Finally, Kepler Capital Markets reiterated a sell rating on shares of Lanxess in a research note on Thursday, February 27th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of Hold.
LNXSF opened at $40.16 on Monday. The firm’s 50 day moving average is $51.55 and its 200-day moving average is $61.35. Lanxess has a 52-week low of $28.34 and a 52-week high of $71.08.
Lanxess Company Profile
LANXESS Aktiengesellschaft, a specialty chemicals company, develops, manufactures, and markets chemical intermediates, specialty chemicals, and plastics worldwide. It operates in five segments: Advanced Intermediates, Specialty Additives, Performance Chemicals, Engineering Materials, and ARLANXEO. The Advanced Intermediates segment offers high-grade intermediates for the agrochemical and coating industries; fine chemicals as precursors and intermediates for the pharmaceutical, agrochemical, and specialty chemical industries; customer-specific specialties; organometallics; and tire chemicals.
Featured Story: Average Daily Trade Volume Explained
Receive News & Ratings for Lanxess Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lanxess and related companies with MarketBeat.com's FREE daily email newsletter.