Quick Summary:
- LyondellBasell (LYB, Financial) misses earnings per share estimates but beats revenue expectations in Q1.
- Analysts forecast an average price target suggesting a potential upside of over 25%.
- The stock holds a 'Hold' consensus rating from brokerage firms.
LyondellBasell (LYB) reported a first-quarter non-GAAP earnings per share of $0.33, falling short of expectations by $0.10. Despite this, the company achieved a revenue of $7.67 billion, exceeding forecasts by $260 million, although it marks a 7.6% year-over-year decline. EBITDA stood at $655 million.
Wall Street Analysts' Price Projections
According to the latest projections from 21 analysts, the average target price for LyondellBasell Industries NV (LYB, Financial) is set at $74.20, with estimates ranging between $51.00 and $105.00. This average target signifies a potential upside of 25.22% compared to the current stock price of $59.25. For more comprehensive estimate data, visit the LyondellBasell Industries NV (LYB) Forecast page.
Brokerage Firm Consensus
The consensus recommendation among 24 brokerage firms categorizes LyondellBasell Industries NV (LYB, Financial) with an average brokerage recommendation of 2.9, equating to a "Hold" status. This rating scale ranges from 1 (Strong Buy) to 5 (Sell).
GuruFocus Valuation Insights
Per GuruFocus estimates, the projected GF Value for LyondellBasell Industries NV (LYB, Financial) in one year is calculated to be $67.06, suggesting an upside of 13.18% from the current trading price of $59.25. The GF Value represents GuruFocus' assessment of the fair market value for the stock, derived through historical multiples, past growth trajectories, and anticipated future performance. For a deeper dive into these metrics, check out the LyondellBasell Industries NV (LYB) Summary page.
