LyondellBasell Industries NV with ticker code (LYB) have now 25 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 130 and 75 calculating the average target price we see 97.67. With the stocks previous close at 93.08 this now indicates there is a potential upside of 4.9%. The 50 day moving average now sits at 93.66 and the 200 moving average now moves to 88.33. The market capitalisation for the company is $30,585m. Find out more information at: https://www.lyondellbasell.com
The potential market cap would be $32,093m based on the market concensus.
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.
