LyondellBasell Industries NV (LYB) has risen sharply, recording gains of 5.2% in the past 4 weeks. However, the stock has corrected -0.88% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 5.42% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 3.85% and the fifty day Moving Average is 3.25%. LyondellBasell Industries N.V. has dropped 2.74% during the last three month period . Year-to-Date the stock performance stands at -7%.
LyondellBasell Industries NV (LYB) : The highest short term price target forecast on LyondellBasell Industries NV (LYB) is $115 and the lowest target price is $75. A total of 12 equity analysts are currently covering the company. The average price of all the analysts is $87.83 with a standard deviation of $12.27.
LyondellBasell Industries NV (NYSE:LYB): stock turned positive on Friday. Though the stock opened at $79.37, the bulls momentum made the stock top out at $80.33 level for the day. The stock recorded a low of $78.75 and closed the trading day at $79.17, in the green by 0.29%. The total traded volume for the day was 2,841,783. The stock had closed at $78.94 in the previous days trading.
LyondellBasell Industries N.V. (LyondellBasell) is a global, independent chemical company. The Company operates through five segments: Olefins and Polyolefins-Americas (OandP-Americas), Olefins and Polyolefins-Europe, Asia, International (OandP-EAI), Intermediates and Derivatives (IandD), Refining, and Technology. Its OandP-Americas segment produces and markets olefins, including ethylene and ethylene co-products, and polyolefin. Its OandP-EAI segment produces and markets olefins, including ethylene and ethylene co-products, polyolefin and specialty products, including polybutene-1 and polypropylene compounds. Its IandD segment produces and markets propylene oxide and its co-products and derivatives, acetyls, including methanol and ethylene oxide. Its Refining segment refines heavy, high-sulfur crude oil. Its Technology segment develops and licenses chemical and polyolefin process technologies and manufactures and sells polyolefin catalysts.