Analysts’ Recent Ratings Updates for LyondellBasell Industries (LYB)

LyondellBasell Industries (NYSE: LYB) recently received a number of ratings updates from brokerages and research firms:

  • 2/6/2018 – LyondellBasell Industries had its price target raised by analysts at Citigroup Inc from $120.00 to $125.00. They now have a “buy” rating on the stock.
  • 2/6/2018 – LyondellBasell Industries had its “hold” rating reaffirmed by analysts at SunTrust Banks, Inc.. They now have a $105.00 price target on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 2/5/2018 – LyondellBasell Industries was given a new $130.00 price target on by analysts at Morgan Stanley. They now have a “buy” rating on the stock.
  • 2/5/2018 – LyondellBasell Industries was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $132.00 price target on the stock. According to Zacks, “LyondellBasell’s profits surged year over year in fourth-quarter 2017. Adjusted earnings and sales for the quarter beat the respective Zacks Consensus Estimate. LyondellBasell has outperformed the industry it belongs to over the last three months. LyondellBasell's ethylene expansion initiatives and the HDPE project should boost capacity and add to its earnings. The company also remains committed to boosting shareholder returns.”
  • 2/5/2018 – LyondellBasell Industries had its price target raised by analysts at Barclays PLC from $115.00 to $125.00. They now have an “overweight” rating on the stock.
  • 2/2/2018 – LyondellBasell Industries was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating.
  • 1/31/2018 – LyondellBasell Industries had its “hold” rating reaffirmed by analysts at Cowen Inc. They now have a $125.00 price target on the stock.
  • 1/25/2018 – LyondellBasell Industries had its “hold” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $119.00 price target on the stock.
  • 1/17/2018 – LyondellBasell Industries had its “outperform” rating reaffirmed by analysts at Wells Fargo & Co. They now have a $125.00 price target on the stock, up previously from $110.00.
  • 1/9/2018 – LyondellBasell Industries was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $128.00 price target on the stock. According to Zacks, “Estimates for the full year for LyondellBasell have been stable lately. LyondellBasell has outperformed the industry it belongs to over the last three months. LyondellBasell's ethylene expansion initiatives and the HDPE project should boost capacity and add to its earnings. The company also remains committed to boosting shareholder returns. The company has a mixed record of earnings surprises in the last few quarters.”
  • 1/3/2018 – LyondellBasell Industries was downgraded by analysts at Vertical Research from a “buy” rating to a “hold” rating.
  • 12/18/2017 – LyondellBasell Industries was upgraded by analysts at Citigroup Inc from a “neutral” rating to a “buy” rating. They now have a $120.00 price target on the stock.

Shares of LyondellBasell Industries NV (NYSE:LYB) opened at $106.99 on Monday. The company has a market cap of $42,203.30, a price-to-earnings ratio of 8.73, a price-to-earnings-growth ratio of 1.11 and a beta of 1.05. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.57 and a current ratio of 2.46. LyondellBasell Industries NV has a one year low of $78.01 and a one year high of $121.95.

LyondellBasell Industries (NYSE:LYB) last announced its quarterly earnings results on Friday, February 2nd. The specialty chemicals company reported $2.73 EPS for the quarter, beating the Zacks’ consensus estimate of $2.55 by $0.18. The business had revenue of $9.14 billion during the quarter, compared to analyst estimates of $8.82 billion. LyondellBasell Industries had a net margin of 14.15% and a return on equity of 55.09%. LyondellBasell Industries’s quarterly revenue was up 17.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.94 EPS. equities research analysts forecast that LyondellBasell Industries NV will post 10.67 earnings per share for the current fiscal year.

LyondellBasell Industries N.V. is a chemical company. The Company operates in five segments: Olefins and Polyolefins-Americas (O&P-Americas), Olefins and Polyolefins-Europe, Asia, International (O&P-EAI), Intermediates and Derivatives (I&D), Refining and Technology. The O&P-Americas segment produces and markets olefins and co-products, polyethylene and polypropylene.

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