Free Trial

LyondellBasell Industries (LYB) Stock Forecast & Price Target

LyondellBasell Industries logo
$84.19
-2.37 (-2.74%)
(As of 11/4/2024 ET)

LyondellBasell Industries - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
7
Buy
4

Based on 12 Wall Street analysts who have issued ratings for LyondellBasell Industries in the last 12 months, the stock has a consensus rating of "Hold." Out of the 12 analysts, 1 has given a sell rating, 7 have given a hold rating, and 4 have given a buy rating for LYB.

Consensus Price Target

$101.11
20.10% Upside
According to the 12 analysts' twelve-month price targets for LyondellBasell Industries, the average price target is $101.11. The highest price target for LYB is $110.00, while the lowest price target for LYB is $94.00. The average price target represents a forecasted upside of 20.10% from the current price of $84.19.
Get the Latest News and Ratings for LYB and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for LyondellBasell Industries and its competitors.

Sign Up

LYB Analyst Ratings Over Time

TypeCurrent Forecast
11/5/23 to 11/4/24
1 Month Ago
10/6/23 to 10/5/24
3 Months Ago
8/7/23 to 8/6/24
1 Year Ago
11/5/22 to 11/5/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
8 Buy rating(s)
Hold
7 Hold rating(s)
8 Hold rating(s)
9 Hold rating(s)
8 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$101.11$107.27$105.67$102.07
Forecasted Upside20.10% Upside10.88% Upside10.62% Upside10.10% Upside
Consensus Rating
Hold
Hold
Hold
Moderate Buy

LYB Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

LYB Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

LyondellBasell Industries Stock vs. The Competition

TypeLyondellBasell IndustriesBasic Materials CompaniesS&P 500
Consensus Rating Score
2.25
2.74
2.50
Consensus RatingHoldModerate BuyHold
Predicted Upside22.86% Upside114.50% Upside10.24% Upside
News Sentiment Rating
Positive News

See Recent LYB News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/4/2024Royal Bank of Canada
4 of 5 stars
 Lower TargetOutperform ➝ Outperform$110.00 ➝ $104.00+23.28%
11/4/2024Deutsche Bank Aktiengesellschaft
3 of 5 stars
 Lower TargetHold ➝ Hold$100.00 ➝ $94.00+11.43%
11/4/2024JPMorgan Chase & Co.
3 of 5 stars
 Lower TargetOverweight ➝ Overweight$110.00 ➝ $100.00+16.89%
11/4/2024Mizuho
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetNeutral ➝ Neutral$101.00 ➝ $97.00+11.93%
11/4/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetEqual Weight ➝ Equal Weight$99.00 ➝ $95.00+9.75%
8/5/2024Evercore ISI
Subscribe to MarketBeat All Access for the recommendation accuracy rating
S. Richardson
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeHold
8/5/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOverweight ➝ Overweight$117.00 ➝ $110.00+17.20%
7/9/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetNeutral ➝ Neutral$106.00 ➝ $101.00+8.37%
4/30/2024BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetMarket Perform ➝ Market Perform$99.00 ➝ $105.00+3.82%
4/10/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$96.00 ➝ $104.00+0.56%
3/1/2024Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageUnderperform
1/3/2024Vertical Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeHold ➝ Buy
10/18/2023Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeUnderperform ➝ Neutral$99.00 ➝ $107.00+12.94%
10/11/2023Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOverweight ➝ Overweight$112.00 ➝ $108.00+16.20%
10/3/2023KeyCorp
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeUnderweight ➝ Sector Weight
7/19/2023Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingOverweight ➝ Overweight$100.00+9.64%
6/29/2023888
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingMaintains
4/28/2023Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
B. Isaacson
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingSector Perform
4/13/2023Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Hold$113.00 ➝ $90.00-7.42%
2/6/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeUnderperform ➝ Outperform$109.00+11.05%
1/31/2023Atlantic Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeNeutral ➝ Overweight$110.00+16.45%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 10:29 PM ET.


Should I Buy LyondellBasell Industries Stock? LYB Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, October 22, 2024. Please send any questions or comments about these LyondellBasell Industries pros and cons to contact@marketbeat.com.

LyondellBasell Industries
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in LyondellBasell Industries:

  • LyondellBasell Industries has a strong track record of consistent dividend payments, providing investors with a reliable income stream. The current dividend yield of 5.70% is attractive for income-oriented investors.
  • Recent earnings reports have shown that LyondellBasell Industries has been able to maintain a healthy profit margin, indicating efficient operations and financial stability.
  • Despite a recent stock price decline, the company's price-to-earnings ratio of 14.53 suggests that the stock may be undervalued compared to its earnings potential, presenting a potential buying opportunity for value investors.
  • LyondellBasell Industries' diverse product portfolio in the specialty chemicals sector provides a level of resilience against market fluctuations, reducing overall risk for investors.
  • The company's consistent revenue growth over the past year demonstrates its ability to adapt to changing market conditions and maintain a competitive position in the industry.

LyondellBasell Industries
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in LyondellBasell Industries for these reasons:

  • Market analysts have issued mixed ratings on LyondellBasell Industries, with some suggesting a hold or sell position, indicating uncertainty about the company's future performance.
  • The recent decrease in the stock price of LyondellBasell Industries may signal underlying challenges or market concerns that could impact the stock's performance in the short term.
  • With a debt-to-equity ratio of 0.82, LyondellBasell Industries carries a moderate level of debt, which could pose risks in case of economic downturns or rising interest rates.
  • The company's beta of 1.07 indicates that LyondellBasell Industries' stock price may be more volatile compared to the overall market, potentially leading to higher fluctuations in investment returns.
  • While the company has shown revenue growth, the industry it operates in is subject to regulatory changes, environmental concerns, and global economic conditions that could impact future profitability and growth prospects.

LYB Forecast - Frequently Asked Questions

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for LyondellBasell Industries is $101.11, with a high forecast of $110.00 and a low forecast of $94.00.

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LyondellBasell Industries in the last year. There is currently 1 sell rating, 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LYB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LYB, but not buy additional shares or sell existing shares.

According to analysts, LyondellBasell Industries's stock has a predicted upside of 20.10% based on their 12-month stock forecasts.

LyondellBasell Industries has been rated by research analysts at Barclays, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Mizuho, and Royal Bank of Canada in the past 90 days.

Analysts like LyondellBasell Industries less than other "basic materials" companies. The consensus rating for LyondellBasell Industries is Hold while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how LYB compares to other companies.


This page (NYSE:LYB) was last updated on 11/4/2024 by MarketBeat.com Staff
From Our Partners