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LanxessLXS.DETOP PICKNov 08, 2018Stock price when the opinion was issued
As of Aug 29, 2024. Market Open.
A specialty chemical company becoming a power house company in fire retardant and specialty lubricants. The CFO wants to see the company grow. He thinks the dividend growth is good. It trades in Germany and Pink Sheets as LNXX. It trades at 8 times EBIDTA when it should trade at 11 times. Yield 1.0%. (Analysts’ price target is €72.70)