Citigroup analyst PJ Juvekar maintained a Buy rating on LyondellBasell (NYSE: LYB) today and set a price target of $125. The company’s shares closed yesterday at $113.19.
According to TipRanks.com, Juvekar is a 4-star analyst with an average return of 14.4% and a 64.6% success rate. Juvekar covers the Consumer Goods sector, focusing on stocks such as Chemours Company, CF Industries, and DowDuPont Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for LyondellBasell with a $123.38 average price target, implying a 9.0% upside from current levels. In a report issued on August 3, Alembic Global also maintained a Buy rating on the stock with a $140 price target.
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LyondellBasell’s market cap is currently $44.18B and has a P/E ratio of 7.65. The company has a Price to Book ratio of 4.17.
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LyondellBasell Industries NV is an independent chemical company, which engages in the refinery and production of plastic resins and other chemicals. It operates through the following segments: Olefins and Polyolefins-Americas; Olefins and Polyolefins-Europe, Asia, International, Intermediates; and Derivatives; Refining; and Technology.
