LyondellBasell Industries NV with ticker code (LYB) now have 21 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 134 and 62 with the average target price sitting at 112.81. Given that the stocks previous close was at 104.91 this indicates there is a potential upside of 7.5%. The 50 day MA is 105.55 while the 200 day moving average is 92.87. The company has a market cap of $35,558m. You can visit the company’s website by visiting: http://www.lyondellbasell.com
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 PolyolefinsÂAmericas; Olefins and PolyolefinsÂEurope, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology. It produces and markets olefins and co-products; polyolefins; polyethylene products, which consist of high density polyethylene, low density polyethylene, and linear low density polyethylene; and polypropylene (PP) products, such as PP homopolymers and copolymers. The company also produces and sells propylene oxide and its derivatives; oxyfuels and related products; and intermediate chemicals, such as styrene monomers, acetyls, ethylene glycols, and ethylene oxides and derivatives. In addition, it produces and markets compounds and solutions, such as polypropylene compounds, engineered plastics, masterbatches, engineered composites, colors, and powders; and advanced polymers. Further, the company refines crude oil and other crude oils of varied types and sources into gasoline, diesel, and jet fuel; develops and licenses chemical and polyolefin process technologies; and manufactures and sells polyolefin catalysts. LyondellBasell Industries N.V. was founded in 1955 and is headquartered in Houston, Texas.