A report released today by Vetr Inc. about LyondellBasell Industries NV (NYSE:LYB) raises the target price to $82.00
- Updated: September 17, 2016
LyondellBasell Industries NV (NYSE:LYB) had its price target bumped up to $82 by Vetr Inc. in a report released 8/22/2016. The increased target price implies a possible upside of 0.05% based on the bussiness’ most recent closing price.
Previously on 6/27/2016, RBC Capital Markets reported on LyondellBasell Industries NV(NYSE:LYB) lowered the target price from $100.00 to $84.00 that suggested an upside of 0.19%.
Boasting a price of $78.45, LyondellBasell Industries NV (NYSE:LYB) traded 0.78% higher on the day. The last stock price close is down 4.59% from the two hundred day average, compared with the S&P 500 Index which has fallen -0.01% over the same period. LyondellBasell Industries NV has been tracking to a 50-day average of $77.19 and 200-day average of $80.83. 5,193,577 shares of the stock exchanged hands, up from ann avg. volume of 3,249,370
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With a total market value of $0.0, LyondellBasell Industries NV has a P/E of 8 with a one-year low of $69.10 and a 52 week high of $98.25.
In addition to Vetr Inc. reporting it’s target price, a total of 18 brokers have released a research note on the stock. The one year target is $91.56 with three analysts rating the company a strong buy, six analysts rating the stock a buy, 10 firms rating the stock a hold, two brokerages rating the company to underperform, and finally 0 firmsrating the company as sell.
Brief Synopsis About LyondellBasell Industries NV (NYSE:LYB)
LyondellBasell Industries N.V. is a global chemical company. The Company’s segments include Olefins and Polyolefins-Americas (O&P-Americas), Olefins and Polyolefins-Europe, Asia, International (O&P-EAI), Intermediates and Derivatives (I&D), Refining, and Technology. Its O&P-Americas segment produces and markets olefins, including ethylene and ethylene co-products, and polyolefins. Its O&P-EAI segment produces and markets olefins, including ethylene and ethylene co-products, polyolefins and specialty products, including polybutene-1 and polypropylene compounds. Its I&D segment produces and markets propylene oxide and its co-products and derivatives, acetyls, including methanol, and ethylene oxide and its derivatives. Its Refining segment refines high-sulfur crude oil and other crude oils, including gasoline and distillates. Its Technology segment develops and licenses chemical, polyolefin and other process technologies, and also develops, and manufactures and sells polyolefin catalysts.
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