Citigroup analyst PJ Juvekar maintained a Hold rating on LyondellBasell (LYB) today and set a price target of $88.00. The company’s shares closed last Monday at $82.49.
According to TipRanks.com, Juvekar is a 3-star analyst with an average return of 4.3% and a 41.0% success rate. Juvekar covers the Consumer Goods sector, focusing on stocks such as International Flavors & Fragrances, Air Products and Chemicals, and Sherwin-Williams Company.
LyondellBasell has an analyst consensus of Moderate Buy, with a price target consensus of $90.50, which is a 9.8% upside from current levels. In a report issued on September 26, Cowen & Co. also maintained a Hold rating on the stock with a $90.00 price target.
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LyondellBasell’s market cap is currently $27.37B and has a P/E ratio of 8.56. The company has a Price to Book ratio of 2.82.
Based on the recent corporate insider activity of 108 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LYB in relation to earlier this year.
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LyondellBasell Industries NV operates as 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.
