LyondellBasell Industries NV (Symbol: LYB) shares have surpassed the average analyst 12-month target price of $92.53, trading at $92.78 per share. This cross above the target price presents an opportunity for analysts to either downgrade their valuation or adjust their target upwards, depending on the company’s performance and market conditions.
Among 19 analysts contributing to the price targets, estimates vary significantly, ranging from a low of $65.00 to a high of $128.00, with a standard deviation of $14.833. The current analyst ratings breakdown features 3 strong buy ratings, 10 hold ratings, 1 sell rating, and 2 strong sell ratings. The average rating stands at 2.94 on a scale where 1 is a strong buy and 5 is a strong sell.
