LyondellBasell Industries NV (NYSE:LYB) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 7, 2016
Having a price of $84.49, LyondellBasell Industries NV (NYSE:LYB) traded -3.07% lower on the day. With the last stock price up 1.53% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. LYB has recorded a 50-day average of $78.67 and a two hundred day average of $80.28. Trade Volume was down over the average, with 1,954,808 shares of LYB changing hands under the typical 3,160,410
Zacks Investment Research has downgraded LyondellBasell Industries NV (NYSE:LYB) to Hold in a statement released on 10/07/2016.
On Wednesday October 05, 2016, Zacks Investment Research released a statement about LyondellBasell Industries NV (NYSE:LYB) upped the target price from $0.00 to $89.00 that suggested an upside of 0.09%.
Recent Performance Chart
LyondellBasell Industries NV has 52 week low of $69.10 and a 52 week high of $98.25 with a P/E ratio of 8.80 and has a market cap of $0.
In addition to Zacks Investment Research reporting its target price, a total of 18 firms have issued a report on the stock. The consensus target price is $91.56 with 3 firms rating the stock a strong buy, 6 firms rating the stock a buy, 10 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
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, manufactures and sells polyolefin catalysts.
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