LyondellBasell's Mixed Performance: Hold or Sell?

LyondellBasell Industries, a Houston-based company with a $13.9 billion market cap, has seen a significant stock drop of 45.5% over the past year, unlike the broader S&P 500s 12% gain. Despite a 10.2% revenue decline, their Q3 results beat expectations, causing a 2.7% stock price increase. Analysts predict a 61.4% earnings decrease for FY2025, with a Hold consensus rating and a price target of $57.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.