Lanxess AG Stock

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/ Tradegate WKN: 547040 / Symbol: LNXSF / Name: Lanxess / Stock / Chemicals / Mid Cap /

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Lanxess AG Stock

There is nearly no change for the Lanxess AG stock today. Compared to yesterday it only changed by €0.010.

Currently there is a rather positive sentiment for Lanxess AG with 4 Buy predictions and 0 Sell predictions.

As a result the target price of 37 € shows a positive potential of 43.41% compared to the current price of 25.8 € for Lanxess AG.

For the coming years our community has positive and negative things to say abot the Lanxess AG stock. Criterium "Brand" gathered the most positive votes but regarding "General Risks" there were negative voices in the community.

Lanxess is a German specialty chemicals company that produces a wide range of chemical products and additives for industries such as automotive, construction, and electronics. With operations in over 33 countries, its product portfolio includes high-performance plastics, synthetic rubber, performance chemicals, and water treatment solutions. The company is listed on the Frankfurt Stock Exchange and has a secondary listing on the OTC markets in the US under the symbol LNXSF.

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Pros and Cons of Lanxess AG in the next few years

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Performance of Lanxess AG vs. its peers

Security	Change(%)	1w	1m	1y	YTD	3y	5y
Lanxess AG
Brenntag SE
Evonik Industries AG
Ashland Inc.

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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.

Last updated at 2023-06-20

In general, Lanxess, a company in the chemicals industry, appears to demonstrate steady growth and a good financial position over the past three years (2020-2022). The company's total assets, revenues, and stockholder equity have been increasing, showing that Lanxess is expanding its financial base and generating higher profits.

Increasing Total Assets: The total assets of Lanxess have consistently grown between 2020 and 2022, with a notable increase in the quarterly balance sheet from 2022 to 2023. This indicates that the company has a solid financial foundation to invest in new projects and expand its operations.

Rising Gross Profit and Revenue: The revenues and gross profits of the company have also seen steady growth in the same time period. Higher revenues indicate a growing market share and customer base, while the increasing gross profits suggest that the company is managing its cost of sales efficiently.

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