Analysts fell to the sidelines weighing in on Anhui Conch Cement Company (AHCHF – Research Report) and LANXESS (LNXSF – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Anhui Conch Cement Company (AHCHF)
In a report released yesterday, Johnson Wan from Jefferies maintained a Hold rating on Anhui Conch Cement Company, with a price target of HK$21.41. The company’s shares closed last Thursday at $2.32, close to its 52-week low of $2.10.
According to TipRanks.com, Wan is a 2-star analyst with an average return of
Currently, the analyst consensus on Anhui Conch Cement Company is a Hold with an average price target of $2.74.
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LANXESS (LNXSF)
Jefferies analyst Chris Counihan maintained a Hold rating on LANXESS yesterday and set a price target of EUR26.00. The company’s shares closed last Thursday at $31.00.
According to TipRanks.com, Counihan is ranked #7343 out of 8665 analysts.
Currently, the analyst consensus on LANXESS is a Hold with an average price target of $31.34, representing a -1.3% downside. In a report issued on December 13, UBS also maintained a Hold rating on the stock with a EUR25.00 price target.
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