UBS Lowers LyondellBasell Price Target to $73 from $82
UBS lowered its price target on LyondellBasell Industries (LYB) to $73 from $82, while still seeing 34.14% upside. 59 hedge funds hold bullish positions.
Key Numbers
UBS lowered its price target on LyondellBasell Industries N.V. (NYSE:LYB) from $82 to $73 on June 5, 2026, according to a report from Insider Monkey. The revision comes as analysts are split on how long elevated petrochemical pricing can persist.
Recommendation Change
- Previous Target: $82
- New Target: $73
- Change: -11%
Analyst's Rationale
The UBS analyst believes that high petrochemical prices may not be sustainable, potentially pressuring LyondellBasell's earnings in coming quarters. However, the bank still sees 34.14% upside potential from current levels.
Context
59 hedge funds hold bullish positions in the stock, indicating long-term institutional confidence. The average analyst price target remains above the current share price.
What to Make of It
The UBS target cut reflects near-term caution, but the overall consensus remains positive. Investors should monitor petrochemical price trends and upcoming earnings reports.
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