Is Exane BNP Paribas Now Positive For LyondellBasell (LYB)?

October 2, 2018 - By Peter Kolinski

LyondellBasell Industries N.V. (NYSE:LYB) Logo

Investors sentiment increased to 1.29 in 2018 Q2. Its up 0.40, from 0.89 in 2018Q1. It increased, as 30 investors sold LyondellBasell Industries N.V. shares while 235 reduced holdings. 96 funds opened positions while 245 raised stakes. 275.59 million shares or 2.11% less from 281.54 million shares in 2018Q1 were reported.

Parallax Volatility Advisers Lp reported 0% in LyondellBasell Industries N.V. (NYSE:LYB). Bartlett And Com Ltd Limited Liability Company, Ohio-based fund reported 66 shares. Central National Bank & Tru reported 32,441 shares stake. Srb has 0.05% invested in LyondellBasell Industries N.V. (NYSE:LYB). 518 are owned by Vigilant Management Limited Liability Co. Cleararc Incorporated reported 20,096 shares. Mirae Asset Global Invs accumulated 29,478 shares. 9,732 are owned by Hermes Inv Limited. Ameritas Investment Ptnrs reported 6,159 shares. 87,228 are held by Arvest Financial Bank Tru Division. Alabama-based Regions Fin has invested 0.75% in LyondellBasell Industries N.V. (NYSE:LYB). Green Square Capital Limited Liability Company has 0.23% invested in LyondellBasell Industries N.V. (NYSE:LYB). Cubist Systematic Strategies Lc accumulated 10,415 shares. Horizon Kinetics Limited Liability Co stated it has 0.01% in LyondellBasell Industries N.V. (NYSE:LYB). St Germain D J Incorporated holds 0.74% or 56,954 shares in its portfolio.

How Exane BNP Paribas Currently Rates LyondellBasell (LYB)

Exane BNP Paribas revealed in an analyst note that it started coverage on LyondellBasell (LYB) stock, with Outperform rating.

The stock increased 1.42% or $1.48 during the last trading session, reaching $105.52. About 945,689 shares traded. LyondellBasell Industries N.V. (LYB) has risen 12.17% since October 2, 2017 and is uptrending. It has underperformed by 3.45% the S&P500.

Analysts await LyondellBasell Industries N.V. (NYSE:LYB) to report earnings on October, 26. They expect $2.82 earnings per share, up 17.01 % or $0.41 from last year’s $2.41 per share. LYB’s profit will be $1.10B for 9.35 P/E if the $2.82 EPS becomes a reality. After $3.34 actual earnings per share reported by LyondellBasell Industries N.V. for the previous quarter, Wall Street now forecasts -15.57 % negative EPS growth.

LyondellBasell Industries N.V. operates as a maker of chemicals and polymers, refiner of crude oil, producer of gasoline blending components, and developer and licensor of technologies for production of polymers worldwide. The company has market cap of $41.08 billion. The firm operates in five divisions: Olefins and Polyolefins—Americas; Olefins and Polyolefins—Europe, Asia, International; Intermediates and Derivatives; Refining; and Technology. It has a 7.13 P/E ratio. It produces and markets olefins, including ethylene, propylene, and butadiene; polyethylene products, which consist of high density polyethylene, low density polyethylene, and linear low density polyethylene; polyolefins, such as polyethylene and polypropylene ; and PP homopolymers, copolymers, and compounds.

Another recent and important LyondellBasell Industries N.V. (NYSE:LYB) news was published by Benzinga.com which published an article titled: “Rising Costs Turn JPMorgan Bearish On LyondellBasell” on September 19, 2018.

LyondellBasell Industries N.V. (NYSE:LYB) Ratings Chart

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