LyondellBasell Industries (NYSE:LYB) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

Key Points

• Deutsche Bank raised its price target on LyondellBasell to $80 from $75 and kept a "hold" rating, implying roughly a 3.54% upside
• LyondellBasell beat EPS expectations with $0.49 vs. $0.31 expected but missed revenue at $7.20B vs. $7.53B and reported a negative net margin of -2.68%; the stock traded at $77.27 (up 1.6%) and sits well above its one‑year low of $41.58.
• Major shareholder Ai Investments sold 384,548 shares (~$26.2M), while large institutional investors (Capital Research, AQR, UBS, Morgan Stanley) materially increased positions, leaving institutions with about 71.2% ownership of the stock.

LyondellBasell Industries (NYSE:LYB - Get Free Report) had its price target upped by analysts at Deutsche Bank Aktiengesellschaft from $75.00 to $80.00 in a research report issued to clients and investors on Tuesday,MarketScreener reports. The brokerage currently has a "hold" rating on the specialty chemicals company's stock. Deutsche Bank Aktiengesellschaft's target price suggests a potential upside of 3.54% from the company's previous close.

A number of other equities analysts also recently weighed in on the stock. Fermium Researc raised shares of LyondellBasell Industries from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 9th. Wells Fargo & Company upped their target price on LyondellBasell Industries from $70.00 to $87.00 and gave the company an "equal weight" rating in a research report on Monday, March 30th. Citigroup boosted their price target on LyondellBasell Industries from $76.00 to $90.00 and gave the company a "buy" rating in a research note on Wednesday, April 8th. Jefferies Financial Group lifted their price objective on shares of LyondellBasell Industries from $70.00 to $75.00 and gave the company a "hold" rating in a research note on Thursday, April 16th. Finally, Royal Bank Of Canada increased their target price on LyondellBasell Industries from $91.00 to $94.00 and gave the stock an "outperform" rating in a report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, nine have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $76.59.

LyondellBasell Industries Trading Up 1.6%

NYSE:LYB traded up $1.23 during trading hours on Tuesday, hitting $77.27. The stock had a trading volume of 485,919 shares, compared to its average volume of 7,705,665. LyondellBasell Industries has a one year low of $41.58 and a one year high of $83.94. The business's 50 day moving average is $70.67 and its 200-day moving average is $55.66. The company has a market cap of $24.94 billion, a price-to-earnings ratio of -31.14, a P/E/G 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 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. LyondellBasell Industries had a positive return on equity of 5.68% and a negative net margin of 2.68%.The company had revenue of $7.20 billion for the quarter, compared to the consensus estimate of $7.53 billion. During the same quarter in the prior year, the business earned $0.33 earnings per share. The firm's revenue for the quarter was down 6.3% on a year-over-year basis. Sell-side analysts anticipate that LyondellBasell Industries will post 5.44 EPS for the current fiscal year.

Insider Buying and Selling

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 value 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.14% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Capital Research Global Investors boosted its stake in LyondellBasell Industries by 108.7% during the fourth quarter. Capital Research Global Investors now owns 9,159,702 shares of the specialty chemicals company's stock valued at $396,615,000 after buying an additional 4,770,260 shares during the period. AQR Capital Management LLC raised its position 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 period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of 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 period. Morgan Stanley grew its position in LyondellBasell Industries by 16.9% during the 4th quarter. Morgan Stanley now owns 8,971,741 shares of the specialty chemicals company's stock valued at $388,476,000 after purchasing an additional 1,300,271 shares during the last quarter. Finally, Norges Bank bought a new stake in LyondellBasell Industries during the 4th quarter valued at about $52,210,000. Institutional investors own 71.20% of the company's stock.

LyondellBasell Industries Company Profile

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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