Alembic Global analyst Hassan Ahmed maintained a Hold rating on LyondellBasell on Monday, setting a price target of $90, which is approximately 0.99% below the present share price of $90.9.
Ahmed expects LyondellBasell to post earnings per share (EPS) of $0.33 for the first quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in LyondellBasell, with an average price target of $95.64.
The analysts price targets range from a high of $109 to a low of $80.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $6.78 billion and a net profit of $605 million. The company's market cap is $30.35 billion.
According to TipRanks.com, Alembic Global analyst Hassan Ahmed is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 5.5% and a 48.03% success rate.
LyondellBasell Industries NV (NYSE:LYB) 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; Advanced Polymer Solutions; Refining; and Technology. The Olefins and Polyolefins-Americas segment produces and markets olefins which include ethylene and ethylene co-products, and polyolefins. The Olefins and Polyolefins-Europe, Asia, International segment offers olefins including ethylene and ethylene co-products, polyolefins and polypropylene compounds. The Intermediates and Derivatives segment makes propylene oxide and its co-products and derivatives, acetyls, and oxygenated fuels. The Advanced Polymer Solutions segment produces and markets compounding and solutions, such as polypropylene compounds, engineered plastics, masterbatches, colors and powders, engineered composites and advanced polymers, which includes Catalloy and polybutene-1. The Refining segment supply gasoline and diesel fuel. The Technology segment develops chemical and polyolefin process technologies and manufactures and sells polyolefin catalysts. The company was founded in December 2007 and is headquartered in London, the United Kingdom.