Stocks in Action: Lanxess, Rheinmetall, Deutsche Post, IONOS, Evonik
Reading Time: 4 minutes
Stock 1.) LANXESS - Specialty chemicals company continues to struggle under challenging market conditions, downgrades from Goldman Sachs and JPMorgan lead to significant declines LANXESS is in focus on Friday following a downgrade by analysts at JPMorgan. The rating was lowered from "Overweight" to "Neutral," with the price target revised to €18. Recently, LANXESS closed the opening quarter with a significant revenue decline of 14% to €1.378 billion, while adjusted EBITDA fell from €133 million to €94 million. Thanks to the recent...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
