Zacks Rating on LyondellBasell Industries NV (LYB)

LyondellBasell Industries NV (LYB) : 13 analysts are covering LyondellBasell Industries NV (LYB) and their average rating on the stock is 2.62, which is read as a Hold. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation. A total of 7 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

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.


Shares of LyondellBasell Industries N.V. rose by 2.83% in the last five trading days and 0.13% for the last 4 weeks. LyondellBasell Industries N.V. has dropped 1.84% during the last 3-month period . Year-to-Date the stock performance stands at -7.23%. LyondellBasell Industries NV (NYSE:LYB): stock turned positive on Tuesday. Though the stock opened at $79.19, the bulls momentum made the stock top out at $79.98 level for the day. The stock recorded a low of $78.3 and closed the trading day at $78.97, in the green by 0.69%. The total traded volume for the day was 2,487,456. The stock had closed at $78.43 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.

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