LyondellBasell Industries NV (NYSE:LYB) plunged -0.30% during previous trade, a total of 2.41M shares exchanged hands compared with its average trading volume of 2.87M shares whereas its relative volume is 0.89. The stock has a market capitalization of $35.94 along with 405.53M outstanding shares. Stock’s intraday price range hit the peak level of $90.98 and touched the lowest level of $90.01.
Most recently LyondellBasell Industries NV (NYSE:LYB)’s price target was revised on 3/15/17 and according to 21 analysts stock’s price will reach at $98.24 during 52 weeks with standard deviation of 10.36. Stock’s minimum price target estimates has been figured out at $75 while the maximum price target forecast is established at $130, if we look at the price target with an optimistic approach it has upside potential of 44% from its latest closing price of $90.08.
Historically, if we look at price target revisions, three weeks ago LyondellBasell Industries NV (NYSE:LYB)’s price target was revised on 2/14/17 by the analysts, however the bullish price estimates of the stock set at $115 while the bearish estimates kept at $75 over the next one year. Stock’s 52-week target was retained at $93.57, the estimates indicates a standard deviation of 10.33.
While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2.43. ABR value is precisely based on brokerage recommendations, where out of 14 brokerage recommendations 5 rate LyondellBasell Industries NV (NYSE:LYB) stock a Strong Buy, 0 rate the stocks of the company a Buy, 8 rate Hold, 0 rate Sell and 1 recommend a Strong Sell. Most recently on 2/10/17 the stock of LyondellBasell Industries NV (NYSE:LYB) downgraded by Susquehanna from Positive to Neutral. However previously on 6/27/16 it was downgraded by RBC Capital Mkts from Outperform to Sector Perform. A research note issued on 6/23/16 the stock was downgraded by JP Morgan from Overweight to Neutral.
LyondellBasell Industries NV (NYSE:LYB) performance over the past one year soared 4.72% whereas its year to date (YTD) performance indicated a bullish trend of 5.97%. During the last six months the stock climbed 19.97%. Quarterly performance of the company shows optimistic momentum of 3.19% while its last one month trend is negative with -2.35%. Stock’s weekly performance expressed up trend of 0.32%.
The company’s price sits -1.09% below from its 50-day moving average of $92.30 and 9.86% far from the stock’s 200-day moving average which is $85.84. LyondellBasell Industries NV (NYSE:LYB)’s shares are currently trading -6.90% away from the 52-week high price of $96.76 and +31.49% far from the 52-week low price of $58.51.
According to consensus agreement of 18 analysts LyondellBasell Industries NV (NYSE:LYB) will report earnings per share of $2.34 in their quarterly report and it is expected to announce the company’s results on 4/28/17. For the current quarter the company has high EPS estimates of $2.74 in contradiction of low EPS estimates of $1.97. However a year ago for the same quarter the company has reported $2.3 EPS. Current year EPS projections for LyondellBasell Industries NV (NYSE:LYB) set at $10.03 according to the sentiments of 24 analysts, while its lowest earnings estimates are $9.05 and highest earnings estimates are $13.05.
According to 13 analysts, LyondellBasell Industries NV (NYSE:LYB)’s revenue estimates for the current quarter are $7.77B meanwhile the company has high revenue estimates of $8.51B in contradiction of low revenue estimates of $6.8B. For the current year the company’s revenue estimates are $31.57B compared to low analyst estimates of $28.02B and high estimates of $36.84B according to the projection of 19 analysts.