Jefferies (NYSE:JEF) analyst Laurence Alexander maintained a Buy rating on LyondellBasell on Wednesday, setting a price target of $135, which is approximately 24.08% above the present share price of $108.8.
Alexander expects LyondellBasell to post earnings per share (EPS) of $3.19 for the second quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Moderate Buy rating of shares in LyondellBasell, with an average price target of $124.25.
The analysts price targets range from a high of $142 to a low of $110.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $9.08 billion and a net profit of $1.09 billion. The company's market cap is $36.38 billion.
According to TipRanks.com, Jefferies analyst Laurence Alexander is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 13.4% and a 66.83% success rate.
LyondellBasell Industries (NYSE:LYB) N.V. is one of the world’s largest plastics, chemicals and refining companies. It is the world's largest producer of polypropylene compounds as well as the largest licensor of polyolefin technologies. The company’s products are used across several industries including automotive parts, electronics, packaging, construction materials and biofuels.