LyondellBasell Industries NV which can be found using ticker (LYB) have now 24 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The range between the high target price and low target price is between 130 and 74 suggesting an average Analsyt target price of $97.82. Given that the stocks previous close was at $90.06 this is indicating there is a potential upside of 8.6%. It’s also worth noting that there is a 50 day moving average of $93.57 and the 200 moving average now moves to $86.62. The market cap for the company is $29,848m. Company Website: https://www.lyondellbasell.com
The potential market cap would be $32,420m based on the market consensus.
LyondellBasell Industries N.V. operates as a chemical company in the United States, Germany, Mexico, Italy, Poland, France, Japan, China, the Netherlands, and internationally. The company operates in six segments: Olefins and PolyolefinsAmericas; Olefins and PolyolefinsEurope, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology. It produces and markets olefins and co-products, polyethylene, and polypropylene; and propylene oxide and derivatives; oxyfuels and related products; and intermediate chemicals, such as styrene monomer, acetyls, ethylene oxide, and ethylene glycol. In addition, the company produce and markets compounding and solutions including polypropylene compounds, engineered plastics, masterbatches, engineered composites, colors and powders, and advanced polymers including catalloy and polybutene-1; and refines heavy, high-sulfur crude oil and other crude oils, as well as refined products, including gasoline and distillates. Further, it develops and licenses chemical and polyolefin process technologies; manufactures and sells polyolefin catalysts; and serves food packaging, home furnishings, automotive components, and paints and coatings applications. The company was incorporated in 2009 and is headquartered in Houston, Texas.
The company has a dividend yield of 5.29% with the ex dividend date set at 3-3-2023 (DMY).
Other points of data to note are a P/E ratio of 7.74, revenue per share of 154.28 and a 8.68% return on assets.
