Free Trial

LyondellBasell Industries (LYB) Stock Forecast & Price Target

$98.74
+0.98 (+1.00%)
(As of 07/17/2024 ET)

LyondellBasell Industries - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 15 Wall Street analysts who have issued ratings for LyondellBasell Industries in the last 12 months, the stock has a consensus rating of "Hold." Out of the 15 analysts, 1 has given a sell rating, 8 have given a hold rating, and 6 have given a buy rating for LYB.

Consensus Price Target

$104.77
6.11% Upside
High Forecast$117.00
Average Forecast$104.77
Low Forecast$85.00

According to the 15 analysts' twelve-month price targets for LyondellBasell Industries, the average price target is $104.77. The highest price target for LYB is $117.00, while the lowest price target for LYB is $85.00. The average price target represents a forecasted upside of 6.11% from the current price of $98.74.

TypeCurrent Forecast
7/19/23 to 7/18/24
1 Month Ago
6/19/23 to 6/18/24
3 Months Ago
4/20/23 to 4/19/24
1 Year Ago
7/19/22 to 7/19/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
7 Buy rating(s)
Hold
8 Hold rating(s)
7 Hold rating(s)
6 Hold rating(s)
9 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
3 Sell rating(s)
Consensus Price Target$104.77$105.08$103.82$97.00
Forecasted Upside6.11% Upside6.11% Upside6.77% Upside5.83% Upside
Get LyondellBasell Industries Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for LYB and its competitors with MarketBeat's FREE daily newsletter.

LYB Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

LYB Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

LyondellBasell Industries Stock vs. The Competition

TypeLyondellBasell IndustriesBasic Materials CompaniesS&P 500
Consensus Rating Score
2.33
2.62
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside6.11% Upside375.46% Upside7.90% Upside
News Sentiment RatingPositive News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/9/2024UBS Group
3 of 5 stars
 Lower TargetNeutral ➝ Neutral$106.00 ➝ $101.00+8.37%
5/6/2024Barclays
2 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$100.00 ➝ $104.00+4.47%
4/30/2024Deutsche Bank Aktiengesellschaft
2 of 5 stars
 Boost TargetHold ➝ Hold$100.00 ➝ $105.00+5.02%
4/30/2024BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetMarket Perform ➝ Market Perform$99.00 ➝ $105.00+3.82%
4/29/2024Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$107.00 ➝ $113.00+11.64%
4/29/2024Mizuho
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$98.00 ➝ $108.00+5.75%
4/10/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$96.00 ➝ $104.00+0.56%
4/2/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$105.00 ➝ $117.00+12.51%
3/22/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$100.00 ➝ $105.00+4.28%
3/1/2024Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageUnderperform
1/3/2024Vertical Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeHold ➝ Buy
10/18/2023Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeUnderperform ➝ Neutral$99.00 ➝ $107.00+12.94%
10/11/2023Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOverweight ➝ Overweight$112.00 ➝ $108.00+16.20%
10/3/2023KeyCorp
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeUnderweight ➝ Sector Weight
7/19/2023Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingOverweight ➝ Overweight$100.00+9.64%
6/29/2023888
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingMaintains
4/28/2023Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
B. Isaacson
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingSector Perform
4/13/2023Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Hold$113.00 ➝ $90.00-7.42%
2/6/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeUnderperform ➝ Outperform$109.00+11.05%
1/31/2023Atlantic Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeNeutral ➝ Overweight$110.00+16.45%
10/13/2022The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageSell$80.00+3.59%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 07:09 AM ET.

LYB Forecast - Frequently Asked Questions

What is LyondellBasell Industries' forecast for 2024?

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for LyondellBasell Industries is $104.77, with a high forecast of $117.00 and a low forecast of $85.00.

Should I buy or sell LyondellBasell Industries stock right now?

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LyondellBasell Industries in the last twelve months. There is currently 1 sell rating, 8 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LYB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LYB, but not buy additional shares or sell existing shares.

Does LyondellBasell Industries's stock price have much upside?

According to analysts, LyondellBasell Industries's stock has a predicted upside of 6.29% based on their 12-month stock forecasts.

What analysts cover LyondellBasell Industries?

LyondellBasell Industries has been rated by research analysts at Barclays, BMO Capital Markets, Deutsche Bank Aktiengesellschaft, Mizuho, Royal Bank of Canada, and UBS Group in the past 90 days.

Do Wall Street analysts like LyondellBasell Industries more than its competitors?

Analysts like LyondellBasell Industries less than other "basic materials" companies. The consensus rating for LyondellBasell Industries is Hold while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how LYB compares to other companies.


This page (NYSE:LYB) was last updated on 7/18/2024 by MarketBeat.com Staff

From Our Partners