LyondellBasell Industries (LYB) Stock Forecast & Price Target

$95.95

+0.05 (+0.05%)

(As of 11:08 AM 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

Hold

Based on 15 Analyst Ratings

Sell
1

Hold
9

Buy
5

Based on 15 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 15 analysts, 1 has given a sell rating, 9 have given a hold rating, and 5 have given a buy rating for LYB.

Consensus Price Target

$107.27
11.57% Upside

According to the 15 analysts' twelve-month price targets for LyondellBasell Industries, the average price target is $107.27. The highest price target for LYB is $113.00, while the lowest price target for LYB is $101.00. The average price target represents a forecasted upside of 11.57% from the current price of $95.95.

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LYB Analyst Ratings Over Time

Type	Current Forecast 10/2/23 to 10/1/24	1 Month Ago 9/2/23 to 9/1/24	3 Months Ago 7/4/23 to 7/3/24	1 Year Ago 10/2/22 to 10/2/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	5 Buy rating(s)	6 Buy rating(s)	7 Buy rating(s)
Hold	9 Hold rating(s)	9 Hold rating(s)	7 Hold rating(s)	7 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	3 Sell rating(s)
Consensus Price Target	$107.27	$107.55	$105.08	$100.06
Forecasted Upside	11.57% Upside	8.96% Upside	10.50% Upside	7.08% Upside
Consensus Rating	Hold	Hold	Hold	Hold

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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.

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.

LyondellBasell Industries Stock vs. The Competition

Type	LyondellBasell Industries	Basic Materials Companies	S&P 500
Consensus Rating Score	2.27	2.72	2.50
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	11.86% Upside	202.87% Upside	6.15% Upside
News Sentiment Rating	Positive News See Recent LYB News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/13/2024	JPMorgan Chase & Co. 3 of 5 stars		Lower Target	Overweight ➝ Overweight	$113.00 ➝ $110.00	+16.85%
8/6/2024	Deutsche Bank Aktiengesellschaft 3 of 5 stars		Boost Target	Hold ➝ Hold	$105.00 ➝ $110.00	+14.39%
8/5/2024	Evercore ISI 2 of 5 stars	S. Richardson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
8/5/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$117.00 ➝ $110.00	+17.20%
7/9/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$106.00 ➝ $101.00	+8.37%
5/6/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$100.00 ➝ $104.00	+4.47%
Get the Latest News and Ratings for LYB and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for LyondellBasell Industries and its competitors with MarketBeat's FREE daily newsletter.
4/30/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$99.00 ➝ $105.00	+3.82%
4/29/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$107.00 ➝ $113.00	+11.64%
4/29/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$98.00 ➝ $108.00	+5.75%
4/10/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$96.00 ➝ $104.00	+0.56%
3/1/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Underperform
1/3/2024	Vertical Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
10/18/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Neutral	$99.00 ➝ $107.00	+12.94%
10/11/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$112.00 ➝ $108.00	+16.20%
10/3/2023	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underweight ➝ Sector Weight
7/19/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight	$100.00	+9.64%
6/29/2023	888 Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
4/28/2023	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Isaacson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Sector Perform
4/13/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$113.00 ➝ $90.00	-7.42%
2/6/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Outperform	$109.00	+11.05%
1/31/2023	Atlantic Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Overweight	$110.00	+16.45%
10/13/2022	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Sell	$80.00	+3.59%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 11:46 AM 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 Monday, September 30, 2024. Please send any questions or comments about these LyondellBasell Industries pros and cons to contact@marketbeat.com.

LyondellBasell Industries
Bull Case

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

LyondellBasell Industries has a strong track record of paying dividends, offering investors a consistent income stream. As of the ex-dividend date on August 26th, the company had a dividend yield of 5.70%, providing attractive returns to income-focused investors.
The company's recent earnings report on August 2nd showed that LyondellBasell Industries beat analysts' earnings per share estimates, indicating strong financial performance and potential for growth.
With a current stock price of $94.04 on September 30, 2024, investors may see this as an opportunity to buy into the company at a potentially discounted price compared to historical levels, offering potential for capital appreciation.
LyondellBasell Industries has a healthy return on equity of 18.63%, demonstrating efficient use of shareholder equity to generate profits for investors.
The company's diverse product portfolio in the specialty chemicals industry provides a level of stability and resilience against market fluctuations, offering investors a degree of risk mitigation.

LyondellBasell Industries
Bear Case

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

Despite the recent positive earnings report, LyondellBasell Industries has experienced a decline in stock price, down 2.1% on September 30, 2024. This downward trend may indicate potential challenges or uncertainties in the company's future performance.
The company's debt-to-equity ratio of 0.82 may raise concerns among investors about the level of leverage in the company's capital structure, potentially impacting financial stability and flexibility.
Analysts have issued mixed ratings on the stock, with one sell rating, nine hold ratings, and six buy ratings. This divergence in opinions may signal uncertainty in the market regarding the company's future prospects.
LyondellBasell Industries operates in a cyclical industry, which can be sensitive to economic downturns and fluctuations in commodity prices. Investors should consider the potential impact of market cycles on the company's performance.
The company's price-to-earnings ratio of 14.53 and P/E/G ratio of 1.28 may indicate that the stock is currently trading at a premium valuation, potentially limiting upside potential for investors seeking undervalued opportunities.

LYB Forecast - Frequently Asked Questions

: According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for LyondellBasell Industries is $107.27, with a high forecast of $113.00 and a low forecast of $101.00.
: 15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LyondellBasell Industries in the last twelve months. There is currently 1 sell rating, 9 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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 11.80% based on their 12-month stock forecasts.
: Over the previous 90 days, LyondellBasell Industries's stock had 1 upgrade by analysts.
: LyondellBasell Industries has been rated by research analysts at Deutsche Bank Aktiengesellschaft, Evercore ISI, JPMorgan Chase & Co., UBS Group, and Wells Fargo & Company 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.