Mizuho Securities Maintains a Buy Rating on LyondellBasell (LYB)

In a report issued on July 29, Chris Parkinson from Mizuho Securities maintained a Buy rating on LyondellBasell (LYBResearch Report), with a price target of $132.00. The company’s shares closed last Tuesday at $85.47, close to its 52-week low of $82.14.

According to, Parkinson is a 5-star analyst with an average return of 8.3% and a 58.5% success rate. Parkinson covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems.

The word on The Street in general, suggests a Hold analyst consensus rating for LyondellBasell with a $104.18 average price target, which is a 20.6% upside from current levels. In a report released yesterday, Barclays also maintained a Buy rating on the stock with a $102.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

LyondellBasell’s market cap is currently $28.49B and has a P/E ratio of 5.30.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

LyondellBasell Industries N.V. is one of the world’s largest plastics, chemicals and refining companies. It is the world’s largest producer of polypropylene compounds as well as the largest licensor of polyolefin technologies. The company’s products are used across several industries including automotive parts, electronics, packaging, construction materials and biofuels.

Read More on LYB:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More