Wolfe Research Lowers LyondellBasell Industries (NYSE:LYB) Price Target to $39.00

Market Beat
2026.01.17 14:45
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Wolfe Research has lowered its price target for LyondellBasell Industries (NYSE:LYB) from $40.00 to $39.00, maintaining an "underperform" rating. This suggests a potential downside of 23.44% from the stock's previous close. Other analysts have also adjusted their targets, with a consensus rating of "Reduce" and a price target of $52.42. LyondellBasell's stock opened at $50.94, with a 52-week range of $41.58 to $79.39. The company reported earnings of $1.01 per share, exceeding estimates, but revenue declined by 10.2% year-over-year.