Impact of Brokerage Rating on LyondellBasell Industries NV(LYB)

Many LyondellBasell Industries NV(LYB) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. LyondellBasell Industries NV was Downgraded by Susquehanna to Neutral on Feb 10, 2017. Company shares were Reiterated by RBC Capital Mkts on Feb 6, 2017 to Sector Perform, Raises Price Target to $ 95 from a previous price target of $92 .Company shares were Reiterated by Cowen on Dec 29, 2016 to Market Perform, Raises Price Target to $ 90 from a previous price target of $87 .

Company has reported several Insider transactions to the SEC, on Sep 1, 2016, Jagjeet S. Bindra (director) sold 3,750 shares at 80.00 per share price.On Apr 26, 2016, Massimo Covezzi (SVP Research & Development) sold 7,551 shares at 89.14 per share price.On Apr 26, 2016, Sergey Vasnetsov (SVP Strategic Planning) sold 3,127 shares at 89.89 per share price.

LyondellBasell Industries NV Last issued its quarterly earnings results on Feb 3, 2017. The company reported $1.94 EPS for the quarter, missing the analyst consensus estimate by $ -0.26. Analyst had a consensus of $2.20. The company had revenue of $7747.00 million for the quarter, compared to analysts expectations of $7309.38 million. The companys revenue was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.20 EPS.

LyondellBasell Industries NV (NYSE:LYB) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.54 by 13 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 8 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.

LyondellBasell Industries NV (NYSE:LYB): According to 13 Analysts, The short term target price has been estimated at $ 92.39.The target price could deviate by a maximum of $9.71 from the forecast price. In the near term, the target price could hit a high of $115 and a low of $ 75.

LyondellBasell Industries NV (NYSE:LYB) rose 1.01% or 0.93 points on Tuesday and made its way into the gainers of the day. After trading began at $92.3 the stock was seen hitting $93.25 as a peak level and $92.06 as the lowest level. The stock ended up at $93.15. The daily volume was measured at 1,990,962 shares. The 52-week high of the share price is $97.64 and the 52-week low is $69.82. The company has a market cap of $37,633 million.

LyondellBasell Industries AF S.C.A is a manufactures chemicals and derivatives. It also operates as a refiner of heavy high-sulfur crude oil produce and is engaged in the marketing and selling of polyolefins, polypropylene and polyethylene resins. LyondellBasell products and technologies are used to make items that improve the quality of life for people around the world including packaging, electronics, automotive components, home furnishings, construction materials and biofuels. The Companys product range includes ethylene, propylene, polyethylene, polypropylene, polyolefins, resins, PP compounds, Polybutene, propylene Oxide and etc. It also produces refined petroleum products and gasoline blending components, including biofuels. LyondellBasell Industries AF S.C.A is headquartered in Rotterdam, the Netherlands.

LyondellBasell

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