LyondellBasell Industries (NYSE:LYB – Get Free Report) had its target price hoisted by stock analysts at Citigroup from $76.00 to $90.00 in a research note issued on Wednesday, Marketbeat Ratings reports. The brokerage currently has a “buy” rating on the specialty chemicals company’s stock. Citigroup’s price target would suggest a potential upside of 24.45% from the company’s current price.
Several other equities analysts have also recently weighed in on the company. Royal Bank Of Canada raised LyondellBasell Industries from a “sector perform” rating to an “outperform” rating and lifted their price objective for the company from $51.00 to $82.00 in a report on Monday, March 9th. UBS Group lifted their price objective on LyondellBasell Industries from $73.00 to $79.00 and gave the company a “neutral” rating in a report on Thursday, March 26th. Bank of America reaffirmed an “underperform” rating and issued a $55.00 price objective on shares of LyondellBasell Industries in a report on Monday. Wolfe Research dropped their price objective on LyondellBasell Industries from $39.00 to $38.00 and set an “underperform” rating for the company in a report on Monday, February 2nd. Finally, Jefferies Financial Group lifted their price objective on LyondellBasell Industries from $51.00 to $70.00 and gave the company a “hold” rating in a report on Tuesday, March 10th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, twelve have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $68.17.
Check Out Our Latest Research Report on LyondellBasell Industries
LyondellBasell Industries Stock Performance
LyondellBasell Industries (NYSE:LYB – Get Free Report) last released its quarterly earnings results on Saturday, February 21st. The specialty chemicals company reported ($0.26) earnings per share (EPS) for the quarter. The firm had revenue of $7.09 billion during the quarter. LyondellBasell Industries had a negative net margin of 2.46% and a positive return on equity of 4.93%. Research analysts expect that LyondellBasell Industries will post 6.31 EPS for the current year.
Insider Activity at LyondellBasell Industries
In other news, major shareholder Ai Investments Holdings Llc sold 384,548 shares of the business’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $68.13, for a total transaction of $26,199,255.24. Following the completion of the transaction, the insider owned 5,270,918 shares of the company’s stock, valued at approximately $359,107,643.34. The trade was a 6.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.14% of the company’s stock.
Hedge Funds Weigh In On LyondellBasell Industries
A number of institutional investors have recently modified their holdings of LYB. Capital A Wealth Management LLC raised its holdings in shares of LyondellBasell Industries by 6,314.3% during the 2nd quarter. Capital A Wealth Management LLC now owns 449 shares of the specialty chemicals company’s stock worth $26,000 after buying an additional 442 shares in the last quarter. Parvin Asset Management LLC acquired a new position in shares of LyondellBasell Industries during the 2nd quarter worth $26,000. Stance Capital LLC acquired a new position in shares of LyondellBasell Industries during the 3rd quarter worth $27,000. Quent Capital LLC acquired a new position in shares of LyondellBasell Industries during the 3rd quarter worth $29,000. Finally, Clearstead Advisors LLC raised its holdings in shares of LyondellBasell Industries by 140.3% during the 4th quarter. Clearstead Advisors LLC now owns 668 shares of the specialty chemicals company’s stock worth $29,000 after buying an additional 390 shares in the last quarter. Institutional investors and hedge funds own 71.20% of the company’s stock.
LyondellBasell Industries News Summary
Here are the key news stories impacting LyondellBasell Industries this week:
- Positive Sentiment: Citigroup raised its price target to $90 and upgraded LYB to a “Buy,” implying roughly 24.5% upside from current levels — a material bullish analyst signal that can support the stock. Article Title
- Positive Sentiment: Alembic Global Advisors upgraded LYB from “neutral” to “overweight,” adding another buy-side vote that could attract inflows if other funds follow. Finviz
- Positive Sentiment: Analysis from Seeking Alpha argues LYB stands to benefit from Middle East supply disruptions (input-cost advantage, constrained global supply), forecasting a sharp earnings rebound and describing the stock as modestly attractive despite a recent dividend cut — a fundamental bull case for multi‑quarter upside. Article Title
- Neutral Sentiment: Unusual options activity: traders bought ~19,265 put contracts (≈83% above typical volumes). This raises short-term hedging/volatility risk, but volume alone doesn’t confirm directional conviction by large funds.
- Negative Sentiment: Geopolitical development: headlines reporting a U.S.–Iran cease‑fire have pressured oil and commodity prices, triggering selling in chemical and commodity-sensitive names; coverage notes LYB fell on the news, a clear near-term negative catalyst. Article Title
- Negative Sentiment: Barron’s coverage flagged a potential chemicals-sector selloff tied to the same cease‑fire narrative, which can amplify downside in peers and weigh on LYB’s near-term sentiment. Article Title
- Negative Sentiment: Bank of America reaffirmed an “Underperform” rating, a notable holdout among broker views that can encourage cautious positioning by institutional holders. Article Title
LyondellBasell Industries Company Profile
LyondellBasell Industries N.V. (NYSE: LYB) is a global chemical company headquartered in Houston, Texas, that specializes in the production of polyolefins and advanced polymers. Through its extensive portfolio, the company supplies raw materials for a wide range of end markets, including packaging, automotive, construction, electronics and consumer goods. By combining proprietary process technologies with expertise in catalysts, LyondellBasell aims to deliver value-added solutions that enhance product performance and sustainability.
The company’s integrated operations encompass the manufacture of olefins and polyolefins, advanced polymer products, chemical intermediates and refining activities.
Further Reading
Receive News & Ratings for LyondellBasell Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LyondellBasell Industries and related companies with MarketBeat.com's FREE daily email newsletter.
