Lanxess AG buy miromb
Start price
26.11.23
/
50%
€22.70
Target price
26.11.24
€28.00
Performance (%)
14.58%
End price
09.12.23
€26.01
Summary
This prediction ended on 09.12.23 with a price of €26.01. The BUY prediction by miromb finished with a performance of 14.58%. miromb has 50% into this predictionLanxess 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.
Performance without dividends (%)
| Name | 1w | 1m |
|---|---|---|
| Lanxess AG | 0.076% | 0.076% |
| iShares Core DAX® | 0.961% | -2.210% |
| iShares Nasdaq 100 | 2.626% | -1.918% |
| iShares Nikkei 225® | 0.217% | -7.216% |
| iShares S&P 500 | 1.540% | -1.858% |
According to miromb what are the pros and cons of Lanxess AG for the foreseeable future?
Pros
Future proof or reliable business model
Normal challenges to pay loans and raise capital
Could be worthwhile Investment >10% per year
positive Cash Flow expected
Good rating
Known brand
Cons
Comments by miromb for this prediction
In the thread Lanxess AG diskutieren
In the thread Trading Lanxess AG
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