LyondellBasell Industries NV which can be found using ticker (LYB) have now 24 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 130 and 74 suggesting an average Analsyt target price of $97.40. Given that the stocks previous close was at $88.48 this would indicate that there is a potential upside of 10.1%. Also worth taking note is the 50 day moving average now sits at $94.01 and the 200 day moving average is $87.13. The total market capitalization for the company now stands at $28,286m. You can visit the company’s website by visiting: https://www.lyondellbasell.com
The potential market cap would be $31,138m 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 5.46% with the ex dividend date set at 3-3-2023 (DMY).
Other points of data to note are a P/E ratio of 7.37, revenue per share of 154.28 and a 8.68% return on assets.
