UBS Maintains a 'Buy' on LyondellBasell Industries (LYB); Improving Refining Margins and ’11 Outlook
Get Alerts LYB Hot Sheet
Price: $100.74 +1.35%
Rating Summary:
13 Buy, 17 Hold, 4 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 17
Rating Summary:
13 Buy, 17 Hold, 4 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 17
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UBS maintains a 'Buy' on LyondellBasell Industries (NYSE: LYB), raises PT from $42 to $47.
UBS analyst said, "We forecast that LyondellBasell will report 1Q EPS at $0.84, about a dime ahead of the Consensus estimate due to improving refining margins, and improved European Olefins margins. Lyondell’s Mid-West US crackers have been strongly advantaged this quarter. Our 2011 EPS estimate is now $3.60, up from $2.80 prior. (FY12 from $3.00 to $3.90)
For more ratings news on LyondellBasell Industries click here and for the rating history of LyondellBasell Industries click here.
Shares of LyondellBasell Industries closed at $41.01 yesterday.
UBS analyst said, "We forecast that LyondellBasell will report 1Q EPS at $0.84, about a dime ahead of the Consensus estimate due to improving refining margins, and improved European Olefins margins. Lyondell’s Mid-West US crackers have been strongly advantaged this quarter. Our 2011 EPS estimate is now $3.60, up from $2.80 prior. (FY12 from $3.00 to $3.90)
For more ratings news on LyondellBasell Industries click here and for the rating history of LyondellBasell Industries click here.
Shares of LyondellBasell Industries closed at $41.01 yesterday.
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