Market Overview

Why LyondellBasell's Stock Is Trading Higher Today

Share:

LyondellBasell (NYSE: LYB) shares are trading higher on Tuesday, after Deutsche Bank upgraded the stock from Hold to Buy and announced a $72 price target.

LyondellBasell Industries NV is a petrochemical producer with operations in the U.S. and Europe. The company is a major producer of polyethylene.

It operates in six segments: Olefins and Polyolefins-Americas (O&P-Americas), Olefins and Polyolefins-Europe, Asia, International (O&P-EAI), Intermediates and Derivatives (I&D), Advanced Polymer Solutions (APS), Refining and Technology.

LyondellBasell shares were trading up 9.61% at $66.24 on Tuesday. The stock has a 52-week high of $98.91 and a 52-week low of $33.71.

Related Links:

BofA Downgrades LyondellBasell, Dow, Says Polyethylene Producers Face Margin Pressure

Notable Insider Buys In The Past Week: Coty, LyondellBasell, PVH

Latest Ratings for LYB

DateFirmActionFromTo
Jul 2020UBSMaintainsNeutral
Jun 2020JefferiesMaintainsBuy
May 2020Deutsche BankUpgradesHoldBuy

View More Analyst Ratings for LYB
View the Latest Analyst Ratings

 

Related Articles (LYB)

View Comments and Join the Discussion!

Posted-In: why it's movingUpgrades Price Target Analyst Ratings

Latest Ratings

StockFirmActionPT
ASMLWells FargoMaintains430.0
COSTOppenheimerMaintains355.0
SAPRBC CapitalMaintains150.0
BYNDBernsteinMaintains133.0
CMGCredit SuisseMaintains1,150.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com