Jefferies ups Lanxess citing improvement potential to operating performance

LANXESS AG

11/11/2025 12:25

** Jefferies raises Lanxess LXSG.DE to "hold" from "underperform", citing potential for improved operating performance once conditions stabilize, expecting limited recovery in 2026

** "Lanxess was hit harder than peers given its working-capital position entering the (sector) downturn," it says

** The broker adds the current challenges of aggressive competition in Asia, specialty additives oversupply in China, and subdued global demand in construction and chemicals are already priced in consensus estimates

** Shares in Lanxess, which delivered worse-than-expected quarterly sales last week, lost about 28.4% YTD including Tuesday's session

(Reporting by Ozan Ergenay)

((ozan.ergenay@thomsonreuters.com))