{
 "as_of": "2026-11-06",
 "cmr": "de-cm-kg/XETRA/LXS",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# LANXESS AG (Xetra: LXS) — research page\n\nAs of 2026-11-06 · de-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is LANXESS AG, listed on Xetra under ticker LXS, ISIN DE0005470405, LEI 529900PTLRE72EMYIJ77. Its security type is Corporate, its segment is MDAX, and its jurisdiction is Germany (Handelsregister HRB). Its sector is not on the record. Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 8 filings in the twelve months to 2026-11-06, across 6 filing days. Filings by type are 1 corporate news, 5 major holder and 2 newswire release. The median gap between filing days is 9 days, against a Xetra median of 22.8 days across 419 issuers. The days from the latest filing to the record date are 2, against a Xetra median of 5.5 days. The median filings count for Xetra is 6. The sector peer figures are not on the record for market DE. The latest filing is dated 2026-11-04 and is of type major holder.\n\n## Auditor\n\nThe auditor of record is not on the record. The record carries only the annual report link, which is a source link and not a read. The auditor location and any auditor changes are not on the record.\n\n## Events and halts\n\nThe listing, delisting, name change, domicile change and segment move lines are not on the record, because this register has no lifecycle type map yet. The halt flag is listed, not halted.\n\n## Orderability\n\nThe signal is ACM-200 for Professionelle Kunden, Privatkunden and Geeignete Gegenparteien, and each outcome is determinable. The rule version is acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe issuer's own investor-relations page names 17 research houses: Alpha Value / Baader Bank, Barclays Capital, Berenberg Bank, Citi, Deutsche Bank, DZ Bank, Equita, Exane BNP Paribas, Goldman Sachs, Jefferies, JPMorgan, Kepler Cheuvreux, Landesbank Baden-Württemberg, Metzler, mwb research AG, Oddo BHF and Van Lanschot Kempen.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed. No issuer years are sealed, the market has no earliest sealed date, and the live record began date is not on the record.\n\n## Sources\n\n8 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (identity.exchange)\n- https://api.gleif.org/api/v1/lei-records/529900PTLRE72EMYIJ77 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.de-cm-kg.ai/events/XETRA/LXS (the disclosure lines)\n- https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list (the halt flag)\n- https://mcp.de-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://lanxess.com/en/investors/stock/analysts-and-consensus (coverage)\n- https://mcp.de-cm-kg.ai/record/XETRA/LXS (the record)\n",
 "market": "DE",
 "node": "de-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the DE vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "DE",
    "reason": "Width 0 records the annual report link only (ORDER-015: source link, not a read)",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "DE",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "DE",
    "state": "not_on_record"
   },
   "changes": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "de-cm-kg/XETRA/LXS",
  "coverage": {
   "count": 17,
   "houses": [
    {
     "analyst": "Akash Nandy",
     "house": "Alpha Value / Baader Bank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://lanxess.com/en/investors/stock/analysts-and-consensus",
     "state": "sourced"
    },
    {
     "analyst": "Anil Shenoy",
     "house": "Barclays Capital",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://lanxess.com/en/investors/stock/analysts-and-consensus",
     "state": "sourced"
    },
    {
     "analyst": "Sebastian Bray",
     "house": "Berenberg Bank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://lanxess.com/en/investors/stock/analysts-and-consensus",
     "state": "sourced"
    },
    {
     "analyst": "Sebastian Satz",
     "house": "Citi",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://lanxess.com/en/investors/stock/analysts-and-consensus",
     "state": "sourced"
    },
    {
     "analyst": "Tristan Lamotte",
     "house": "Deutsche Bank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://lanxess.com/en/investors/stock/analysts-and-consensus",
     "state": "sourced"
    },
    {
     "analyst": "Peter Spengler",
     "house": "DZ Bank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://lanxess.com/en/investors/stock/analysts-and-consensus",
     "state": "sourced"
    },
    {
     "analyst": "Massimo Bonisoli, Gian Marco Bonacina",
     "house": "Equita",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://lanxess.com/en/investors/stock/analysts-and-consensus",
     "state": "sourced"
    },
    {
     "analyst": "David Symonds",
     "house": "Exane BNP Paribas",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://lanxess.com/en/investors/stock/analysts-and-consensus",
     "state": "sourced"
    },
    {
     "analyst": "Marcus von Scheele",
     "house": "Goldman Sachs",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://lanxess.com/en/investors/stock/analysts-and-consensus",
     "state": "sourced"
    },
    {
     "analyst": "Marcus Dunford-Castro",
     "house": "Jefferies",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://lanxess.com/en/investors/stock/analysts-and-consensus",
     "state": "sourced"
    },
    {
     "analyst": "Chetan Udeshi",
     "house": "JPMorgan",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://lanxess.com/en/investors/stock/analysts-and-consensus",
     "state": "sourced"
    },
    {
     "analyst": "Martin Rödiger",
     "house": "Kepler Cheuvreux",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://lanxess.com/en/investors/stock/analysts-and-consensus",
     "state": "sourced"
    },
    {
     "analyst": "Ulle Wörner",
     "house": "Landesbank Baden-Württemberg",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://lanxess.com/en/investors/stock/analysts-and-consensus",
     "state": "sourced"
    },
    {
     "analyst": "tba",
     "house": "Metzler",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://lanxess.com/en/investors/stock/analysts-and-consensus",
     "state": "sourced"
    },
    {
     "analyst": "Abed Jarad",
     "house": "mwb research AG",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://lanxess.com/en/investors/stock/analysts-and-consensus",
     "state": "sourced"
    },
    {
     "analyst": "Michael Schäfer",
     "house": "Oddo BHF",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://lanxess.com/en/investors/stock/analysts-and-consensus",
     "state": "sourced"
    },
    {
     "analyst": "Eric Wilmer",
     "house": "Van Lanschot Kempen",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://lanxess.com/en/investors/stock/analysts-and-consensus",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://lanxess.com/en/investors/stock/analysts-and-consensus",
     "result": "read: 17 of 36 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 419,
     "median_cadence_gap_days": 22.8,
     "median_filings": 6,
     "median_latency_days": 5.5,
     "name": "Xetra"
    },
    "sector": {
     "market": "DE",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "corporate_news": 1,
    "major_holder": 5,
    "newswire_release": 2
   },
   "cadence_median_gap_days": 9,
   "filing_days": 6,
   "filings": 8,
   "latency_days": 2,
   "latest": [
    {
     "category": "voting-rights",
     "date": "2026-11-04",
     "source": "https://www.eqs-news.com/news/voting-rights/dws-investment-gmbh-frankfurt-am-main-germany/e8a18989-cb67-4f8f-9b08-ce93f30ad193_en",
     "title": "LANXESS AG DWS Investment GmbH, Frankfurt am Main, ...",
     "type": "major_holder"
    },
    {
     "category": "voting-rights",
     "date": "2026-10-26",
     "source": "https://www.eqs-news.com/news/voting-rights/morgan-stanley-wilmington-delaware-united-states-of-america-usa/64861e9d-1a8e-4fa4-8c06-d3b09c5155fa_en",
     "title": "LANXESS AG Morgan Stanley, Wilmington, Delaware ...",
     "type": "major_holder"
    },
    {
     "category": "voting-rights",
     "date": "2026-10-14",
     "source": "https://www.eqs-news.com/news/voting-rights/jpmorgan-chase-co-wilmington-delaware-united-states-of-america-usa/81fa64f1-28f7-4628-8029-0e5f5a017b85_en",
     "title": "LANXESS AG JPMorgan Chase & Co., Wilmington ...",
     "type": "major_holder"
    },
    {
     "category": "stimmrechtsanteile",
     "date": "2026-09-10",
     "source": "https://www.eqs-news.com/de/news/stimmrechtsanteile/jpmorgan-chase-co-wilmington-delaware-united-states-of-america-usa/86c18bbd-742d-4010-ae9a-0355bc7894e8_en",
     "title": "LANXESS AG JPMorgan Chase & Co., Wilmington, Delaware ...",
     "type": "corporate_news"
    },
    {
     "category": "voting-rights",
     "date": "2026-09-01",
     "source": "https://www.eqs-news.com/news/voting-rights/bank-of-america-corporation-wilmington-de-united-states-of-america-usa/d975bcab-733b-4e19-a850-2e46579d10d8_en",
     "title": "LANXESS AG Bank of America Corporation, Wilmington, DE, United ...",
     "type": "major_holder"
    }
   ],
   "latest_filing_date": "2026-11-04",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.de-cm-kg.ai/events/XETRA/LXS",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "Xetra"
   },
   "isin": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "confirmed",
    "value": "DE0005470405"
   },
   "jurisdiction": {
    "read_by": "GLEIF LEI record (LEI per the LEI column) (registeredAs)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/529900PTLRE72EMYIJ77",
    "state": "sourced",
    "value": "Germany (Handelsregister HRB)"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-09",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN DE0005470405)",
    "state": "sourced",
    "value": "529900PTLRE72EMYIJ77"
   },
   "name": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "LANXESS AG"
   },
   "sector": {
    "market": "DE",
    "reason": "the Xetra instruments file carries index membership, not a sector classification",
    "state": "not_on_record"
   },
   "security_type": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "MDAX"
   },
   "ticker": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "LXS"
   },
   "website": {
    "market": "DE",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "DE",
  "node": "de-cm-kg",
  "numbers_hash": "sha256:a8f3aacc51a3dfb9bcd5622300f2e0c0d8dcbbc54a54ec7c139be77f390a9484",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "Professionelle Kunden",
    "Privatkunden",
    "Geeignete Gegenparteien"
   ],
   "outcomes": {
    "Geeignete Gegenparteien": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Privatkunden": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Professionelle Kunden": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.de-cm-kg.ai/book/aio.json",
    "door": "https://mcp.de-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1",
   "section": "de.aio.v13"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.de-cm-kg.ai/record/XETRA/LXS",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:a8f3aacc51a3dfb9bcd5622300f2e0c0d8dcbbc54a54ec7c139be77f390a9484",
 "path": "/de/XETRA/LXS",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is LANXESS AG, listed on Xetra under ticker LXS, ISIN DE0005470405, LEI 529900PTLRE72EMYIJ77. Its security type is Corporate, its segment is MDAX, and its jurisdiction is Germany (Handelsregister HRB). Its sector is not on the record. Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 8 filings in the twelve months to 2026-11-06, across 6 filing days. Filings by type are 1 corporate news, 5 major holder and 2 newswire release. The median gap between filing days is 9 days, against a Xetra median of 22.8 days across 419 issuers. The days from the latest filing to the record date are 2, against a Xetra median of 5.5 days. The median filings count for Xetra is 6. The sector peer figures are not on the record for market DE. The latest filing is dated 2026-11-04 and is of type major holder.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record. The record carries only the annual report link, which is a source link and not a read. The auditor location and any auditor changes are not on the record.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The listing, delisting, name change, domicile change and segment move lines are not on the record, because this register has no lifecycle type map yet. The halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The signal is ACM-200 for Professionelle Kunden, Privatkunden and Geeignete Gegenparteien, and each outcome is determinable. The rule version is acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's own investor-relations page names 17 research houses: Alpha Value / Baader Bank, Barclays Capital, Berenberg Bank, Citi, Deutsche Bank, DZ Bank, Equita, Exane BNP Paribas, Goldman Sachs, Jefferies, JPMorgan, Kepler Cheuvreux, Landesbank Baden-Württemberg, Metzler, mwb research AG, Oddo BHF and Van Lanschot Kempen.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed. No issuer years are sealed, the market has no earliest sealed date, and the live record began date is not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "8 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://api.gleif.org/api/v1/lei-records/529900PTLRE72EMYIJ77"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.de-cm-kg.ai/events/XETRA/LXS"
  },
  {
   "for": "the halt flag",
   "source": "https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.de-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://lanxess.com/en/investors/stock/analysts-and-consensus"
  },
  {
   "for": "the record",
   "source": "https://mcp.de-cm-kg.ai/record/XETRA/LXS"
  }
 ],
 "title": "LANXESS AG (LXS) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}