Recent Investment Analysts’ Ratings Changes for LyondellBasell Industries (LYB)

Several analysts have recently updated their ratings and price targets for LyondellBasell Industries (NYSE: LYB):

  • 11/14/2022 – LyondellBasell Industries was downgraded by analysts at Mizuho from a “buy” rating to a “neutral” rating. They now have a $88.00 price target on the stock.
  • 11/9/2022 – LyondellBasell Industries was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
  • 11/1/2022 – LyondellBasell Industries had its price target lowered by analysts at Wells Fargo & Company from $95.00 to $90.00. They now have an “overweight” rating on the stock.
  • 10/31/2022 – LyondellBasell Industries was downgraded by analysts at Barclays PLC from an “overweight” rating to an “equal weight” rating. They now have a $82.00 price target on the stock, down previously from $95.00.
  • 10/31/2022 – LyondellBasell Industries was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
  • 10/31/2022 – LyondellBasell Industries had its price target raised by analysts at Citigroup Inc. from $79.00 to $80.00.
  • 10/18/2022 – LyondellBasell Industries had its price target lowered by analysts at Wells Fargo & Company from $100.00 to $95.00. They now have an “overweight” rating on the stock.
  • 10/17/2022 – LyondellBasell Industries had its price target lowered by analysts at Mizuho from $113.00 to $88.00. They now have a “buy” rating on the stock.
  • 10/13/2022 – LyondellBasell Industries is now covered by analysts at The Goldman Sachs Group, Inc.. They set a “sell” rating and a $80.00 price target on the stock.
  • 10/12/2022 – LyondellBasell Industries had its price target lowered by analysts at Morgan Stanley from $115.00 to $100.00. They now have an “overweight” rating on the stock.
  • 10/12/2022 – LyondellBasell Industries is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
  • 10/11/2022 – LyondellBasell Industries had its price target lowered by analysts at Bank of America Co. from $95.00 to $77.00.
  • 10/11/2022 – LyondellBasell Industries had its price target lowered by analysts at Barclays PLC from $102.00 to $95.00.
  • 10/10/2022 – LyondellBasell Industries had its price target lowered by analysts at Piper Sandler from $98.00 to $95.00. They now have a “neutral” rating on the stock.
  • 10/4/2022 – LyondellBasell Industries had its price target lowered by analysts at KeyCorp from $73.00 to $65.00. They now have an “underweight” rating on the stock.
  • 10/4/2022 – LyondellBasell Industries had its price target lowered by analysts at Citigroup Inc. from $92.00 to $79.00.
  • 9/19/2022 – LyondellBasell Industries had its price target lowered by analysts at UBS Group AG from $96.00 to $83.00. They now have a “neutral” rating on the stock.

LyondellBasell Industries Stock Performance

Shares of LYB stock opened at $82.69 on Thursday. LyondellBasell Industries has a one year low of $71.46 and a one year high of $117.22. The company’s 50-day moving average is $79.68 and its 200 day moving average is $89.54. The company has a market capitalization of $26.93 billion, a price-to-earnings ratio of 6.41, a price-to-earnings-growth ratio of 0.88 and a beta of 1.21. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.94 and a current ratio of 1.61.

LyondellBasell Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 6th. Investors of record on Monday, August 29th were given a dividend of $1.19 per share. This represents a $4.76 annualized dividend and a yield of 5.76%. This is an increase from LyondellBasell Industries’s previous quarterly dividend of $1.13. The ex-dividend date of this dividend was Friday, August 26th. LyondellBasell Industries’s dividend payout ratio is 36.87%.

Institutional Trading of LyondellBasell Industries

Several institutional investors have recently bought and sold shares of LYB. SPC Financial Inc. boosted its holdings in shares of LyondellBasell Industries by 2.1% during the 1st quarter. SPC Financial Inc. now owns 4,800 shares of the specialty chemicals company’s stock valued at $494,000 after acquiring an additional 100 shares during the last quarter. City State Bank lifted its stake in shares of LyondellBasell Industries by 6.2% in the 1st quarter. City State Bank now owns 1,705 shares of the specialty chemicals company’s stock worth $175,000 after purchasing an additional 100 shares during the period. Blair William & Co. IL lifted its stake in shares of LyondellBasell Industries by 1.0% in the 1st quarter. Blair William & Co. IL now owns 10,812 shares of the specialty chemicals company’s stock worth $1,112,000 after purchasing an additional 107 shares during the period. Mutual Advisors LLC lifted its stake in shares of LyondellBasell Industries by 1.0% in the 2nd quarter. Mutual Advisors LLC now owns 11,033 shares of the specialty chemicals company’s stock worth $965,000 after purchasing an additional 111 shares during the period. Finally, Gilbert & Cook Inc. lifted its stake in shares of LyondellBasell Industries by 3.6% in the 1st quarter. Gilbert & Cook Inc. now owns 3,225 shares of the specialty chemicals company’s stock worth $332,000 after purchasing an additional 112 shares during the period. 70.07% of the stock is owned by hedge funds and other institutional investors.

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.

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