LyondellBasell Industries (NYSE:LYB) Price Target Raised to $82.00 at UBS Group

Key Points

• UBS raised its price target on LyondellBasell to $82 from $79 and kept a "neutral" rating, implying roughly a 6.1% upside from the current share price.
• Analyst opinions are mixed: the consensus is a "Hold" with a $76.59 target, while individual targets range widely (e.g., Wolfe $62 underperform vs. RBC $94 outperform), showing divergent views on the stock.
• LyondellBasell beat Q1 EPS expectations ($0.49 vs. $0.31) but missed revenue ($7.20B vs. $7.53B) and posted a negative net margin of 2.68%; the stock trades near $77.27 with a 52-week range of $41.58–$83.94.

LyondellBasell Industries (NYSE:LYB - Get Free Report) had its target price increased by analysts at UBS Group from $79.00 to $82.00 in a research note issued on Tuesday,MarketScreener reports. The firm presently has a "neutral" rating on the specialty chemicals company's stock. UBS Group's price target would suggest a potential upside of 6.12% from the company's current price.

Several other brokerages have also commented on LYB. Wolfe Research lifted their target price on LyondellBasell Industries from $38.00 to $62.00 and gave the stock an "underperform" rating in a research report on Tuesday, April 14th. Royal Bank Of Canada lifted their target price on LyondellBasell Industries from $91.00 to $94.00 and gave the stock an "outperform" rating in a research report on Monday. Fermium Researc upgraded shares of LyondellBasell Industries from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 9th. Alembic Global Advisors upgraded shares of LyondellBasell Industries from a "neutral" rating to an "overweight" rating in a research report on Thursday, April 9th. Finally, Mizuho raised their price target on shares of LyondellBasell Industries from $74.00 to $76.00 in a research report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $76.59.

LyondellBasell Industries Price Performance

LYB stock traded up $1.23 during trading on Tuesday, hitting $77.27. The stock had a trading volume of 485,919 shares, compared to its average volume of 7,705,665. The company's 50 day moving average price is $70.67 and its two-hundred day moving average price is $55.66. LyondellBasell Industries has a 1-year low of $41.58 and a 1-year high of $83.94. The stock has a market cap of $24.94 billion, a price-to-earnings ratio of -31.14, a price-to-earnings-growth ratio of 0.26 and a beta of 0.32. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.03 and a current ratio of 1.54.

LyondellBasell Industries (NYSE:LYB - Get Free Report) last posted its quarterly earnings results on Friday, May 1st. The specialty chemicals company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.31 by $0.18. The company had revenue of $7.20 billion during the quarter, compared to analysts' expectations of $7.53 billion. LyondellBasell Industries had a positive return on equity of 5.68% and a negative net margin of 2.68%.The firm's revenue was down 6.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.33 EPS. On average, sell-side analysts forecast that LyondellBasell Industries will post 5.44 EPS for the current fiscal year.

Insider Buying and Selling at LyondellBasell Industries

In other LyondellBasell Industries news, major shareholder Ai Investments Holdings Llc sold 384,548 shares of the company's stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $68.13, for a total transaction of $26,199,255.24. Following the completion of the sale, the insider directly owned 5,270,918 shares of the company's stock, valued at approximately $359,107,643.34. This represents a 6.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.14% of the company's stock.

Hedge Funds Weigh In On LyondellBasell Industries

A number of large investors have recently made changes to their positions in LYB. Capital Research Global Investors increased its holdings in shares of LyondellBasell Industries by 108.7% in the 4th quarter. Capital Research Global Investors now owns 9,159,702 shares of the specialty chemicals company's stock valued at $396,615,000 after purchasing an additional 4,770,260 shares during the period. AQR Capital Management LLC lifted its holdings in LyondellBasell Industries by 512.9% in the 4th quarter. AQR Capital Management LLC now owns 3,093,318 shares of the specialty chemicals company's stock worth $133,941,000 after purchasing an additional 2,588,636 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in LyondellBasell Industries by 5,451.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,457,591 shares of the specialty chemicals company's stock worth $63,114,000 after purchasing an additional 1,431,334 shares during the last quarter. Morgan Stanley boosted its holdings in LyondellBasell Industries by 16.9% during the fourth quarter. Morgan Stanley now owns 8,971,741 shares of the specialty chemicals company's stock valued at $388,476,000 after acquiring an additional 1,300,271 shares during the period. Finally, Norges Bank bought a new position in shares of LyondellBasell Industries in the fourth quarter worth about $52,210,000. Institutional investors and hedge funds own 71.20% of the company's stock.

About LyondellBasell Industries

LyondellBasell Industries N.V. NYSE: LYB is a global chemical company headquartered in Houston, Texas, that specializes in the production of polyolefins and advanced polymers. Through its extensive portfolio, the company supplies raw materials for a wide range of end markets, including packaging, automotive, construction, electronics and consumer goods. By combining proprietary process technologies with expertise in catalysts, LyondellBasell aims to deliver value-added solutions that enhance product performance and sustainability.

The company's integrated operations encompass the manufacture of olefins and polyolefins, advanced polymer products, chemical intermediates and refining activities.

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