Is LyondellBasell Industries NV (NYSE:LYB) a Long Term Growth Play?

Mae Love
December 7, 2017

Therefore 32% are positive. 5 analysts recommended Overweight these shares while 1 recommended Underweight, according to FactSet data.

Among 22 analysts covering LyondellBasell (NYSE:LYB), 7 have Buy rating, 3 Sell and 12 Hold. Instinet upped their target price on LyondellBasell Industries NV from $82.00 to $91.00 and gave the company a "neutral" rating in a research report on Monday, February 6th. The rating was maintained by Jefferies with "Hold" on Tuesday, October 10. The firm earned "Sector Weight" rating on Tuesday, July 28 by KeyBanc Capital Markets. The company was maintained on Thursday, July 13 by RBC Capital Markets. Cowen reaffirmed a "hold" rating and set a $90.00 target price on shares of LyondellBasell Industries in a research note on Monday, August 28th. The stock has "Hold" rating by Jefferies on Friday, June 16. RBC Capital Markets maintained it with "Hold" rating and $97.0 target in Monday, September 18 report. UBS maintained it with "Buy" rating and $44.0 target in Friday, February 3 report.

State Of New Jersey Common Pension Fund D increased Lyondellbasell Industries N (LYB) stake by 42.59% reported in 2017Q2 SEC filing. Beech Hill Advisors Inc acquired 20,775 shares as Lyondellbasell Industries N (LYB)'s stock declined 12.71%. Cornercap Investment Counsel reported 54,125 shares. Lyondellbasell now has $41.32 billion valuation. The stock increased 1.18% or $2.7 during the last trading session, reaching $232.36. About 1.09M shares traded. Baidu, Inc. (NASDAQ:BIDU) has risen 12.02% since December 5, 2016 and is uptrending. It has outperformed by 1.89% the S&P500. With their stock price now trading around $104.58, the firm has proven a solid track record of growth over the past few years. It has underperformed by 16.37% the S&P500.

LyondellBasell Industries N.V.'s P/B is valued at 5.64 exhibiting the investor sentiment on the value of the stock to its actual value. Its up 0.03, from 0.93 in 2017Q1. It is positive, as 60 investors sold LyondellBasell Industries N.V. shares while 261 reduced holdings. 79 funds opened positions while 228 raised stakes. The specialty chemicals company reported $2.00 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $2.36 by $0.36. Visionary Asset Inc has 0.81% invested in LyondellBasell Industries N.V. (NYSE:LYB). Capital One Natl Association invested 0.1% of its portfolio in LyondellBasell Industries N.V. (NYSE:LYB). Punch & Associates Investment Management Inc. owns 534,011 shares or 1.89% of their USA portfolio. The stock of LyondellBasell Industries N.V. (NYSE:LYB) has "Neutral" rating given on Tuesday, August 2 by Citigroup. South State holds 32,331 shares or 0.35% of its portfolio.

Tiedemann Wealth Management LLC purchased a new stake in shares of LyondellBasell Industries NV (NYSE:LYB) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). Renaissance Invest Grp Inc Limited Liability Corporation holds 0.11% or 1,390 shares in its portfolio. Arizona State Retirement has 108,616 shares. Norinchukin Natl Bank The, Japan-based fund reported 42,439 shares. LyondellBasell Industries N.V. (NYSE:LYB) has risen 0.33% since December 6, 2016 and is uptrending.

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LyondellBasell Industries N.V. operates as a maker of chemicals and polymers, refiner of crude oil, producer of gasoline blending components, and developer and licensor of technologies for production of polymers worldwide.

Currently, the stock carries a price to earnings ratio of 24.83, a price to book ratio of 0.64, and a price to sales ratio of 11.48. It produces and markets olefins, including ethylene, propylene, and butadiene; polyethylene products, which consist of high density polyethylene, low density polyethylene, and linear low density polyethylene; polyolefins, such as polyethylene and polypropylene; and PP homopolymers, copolymers, and compounds. Estabrook Capital Mgmt invested in 34,654 shares or 0% of the stock.

Analysts await Baidu, Inc. They expect $2.49 earnings per share, up 14.22% or $0.31 from last year's $2.18 per share. LYB's profit will be $982.21 million for 10.53 P/E if the $2.49 EPS becomes a reality. Pinnacle Assoc Limited invested in 88,051 shares. 122 funds opened positions while 438 raised stakes. 387.02 million shares or 0.60% more from 384.71 million shares in 2017Q1 were reported. Brandywine Glob Inv Mgmt Limited Liability Company reported 0.61% stake. 17,334 were reported by Smithfield Co. Company insiders own 0.09% of the company's stock. 128,562 are owned by Advsrs Asset Mgmt. However, technicians believes that a higher ratio would indicate the likelihood of a constant augmentation of the company's share price. Shareholders of record on Tuesday, December 5th will be paid a dividend of $0.90 per share. Poplar Forest Cap Lc holds 13,810 shares. Bb&T Ltd reported 45,156 shares. Segall Bryant & Hamill Ltd Company owns 133,697 shares or 0.66% of their U.S. portfolio. Finally, WESPAC Advisors SoCal LLC grew its holdings in shares of LyondellBasell Industries by 4.9% during the second quarter. Moreover, Argyle Cap Mngmt Inc has 1.79% invested in 3M Company (NYSE:MMM). Cypress Group invested in 0.17% or 4,042 shares. Over the last five days, shares have faced -0.34% losses and now is up 15.43% since hitting its 200-day moving average of $91.91.

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