Analyst Expectations for LyondellBasell Industries's Future
Portfolio Pulse from Benzinga Insights
LyondellBasell Industries (NYSE:LYB) has received mixed analyst ratings in the last quarter, with 1 bullish, 2 somewhat bullish, and 2 indifferent ratings. The average 12-month price target from 5 analysts is $105.0, which is a slight decrease from the previous target of $106.20. Analysts consider various factors, including future earnings and company risk profile, to determine their ratings.
December 11, 2023 | 5:00 pm
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LyondellBasell Industries has a new average analyst price target of $105, down from $106.20, with a mix of bullish and indifferent ratings over the past quarter.
The slight decrease in the average price target and the mixed ratings suggest a neutral short-term impact on LYB's stock price. Analysts' ratings can influence market sentiment, but the small change in the target and the lack of strongly bearish ratings indicate a balanced outlook.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100