NEW YORK (dpa-AFX) - The US bank JPMorgan has left its rating for Lanxess at "Neutral" with a target price of 26 euros after the announcement of a goodwill impairment. The fact that the chemical company also referred to weaker than expected demand in 2023 and 2024 with regard to the impairment implies a potentially sluggish start to the current year, analyst Chetan Udeshi wrote in a study published on Wednesday. In addition, investors' concerns about Kolner's high debt levels are unlikely to diminish, even if the impairments are not cash-effective./mis/gl

Publication of the original study: 28.02.2024 / 06:00 / GMT First dissemination of the original study: 28.02.2024 / 06:00 / GMT

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