Andrew Stott analyst at UBS reiterates coverage on LANXESS (LNXSF) stock in the Basic Materials sector with a Buy rating. TipRanks.com has Stott rated as a 4.6 star analyst with a 62% return on investment and a 8.7% success rate. Stott has set a price target of $ 54.4.
TipRanks.com reports that LANXESS stock currently has 13 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target for LNXSF's stock is $55.90. The target pricing ranges from a high forecast of $70.73 down to a low forecast of $40.80. LANXESS (LNXSF)’s stock last closing price was $49.175 which would put the average price target at 13.68% upside.
In addition, TradingView issued a Buy rating for LNXSF's stock over the next month, Barchart.com has a Weak buy rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on LNXSF stock.
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TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
This article was pulled from miningandmetalmovers.com as they are an authority in the Mining and Metals Stock Sector. MiningandMetalMovers.com keeps investors informed of trending mining and metal stocks.
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