LyondellBasell Industries (LYB) Earning Somewhat Favorable Press Coverage, Accern Reports

News stories about LyondellBasell Industries (NYSE:LYB) have been trending somewhat positive on Tuesday, according to Accern. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. LyondellBasell Industries earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned media stories about the specialty chemicals company an impact score of 46.6157289400826 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:

A number of research analysts recently issued reports on LYB shares. Cowen restated a “hold” rating and set a $90.00 price objective on shares of LyondellBasell Industries in a research report on Monday, August 28th. UBS boosted their price target on LyondellBasell Industries from $88.00 to $96.00 and gave the stock a “neutral” rating in a research report on Friday, October 13th. lowered LyondellBasell Industries from a “buy” rating to a “hold” rating and set a $101.00 price target for the company. in a research report on Tuesday, October 10th. SunTrust Banks reiterated a “hold” rating and set a $100.00 price target on shares of LyondellBasell Industries in a research report on Wednesday, November 1st. Finally, ValuEngine upgraded LyondellBasell Industries from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, September 6th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $100.47.

Shares of LyondellBasell Industries (LYB) traded up $0.37 during mid-day trading on Tuesday, reaching $107.51. The company’s stock had a trading volume of 1,462,900 shares, compared to its average volume of 2,554,742. The company has a quick ratio of 1.49, a current ratio of 2.40 and a debt-to-equity ratio of 1.16. LyondellBasell Industries has a one year low of $78.01 and a one year high of $108.05. The firm has a market cap of $42,262.48, a price-to-earnings ratio of 11.08, a PEG ratio of 1.20 and a beta of 1.07.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 12th. Stockholders of record on Tuesday, December 5th will be paid a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date of this dividend is Monday, December 4th. LyondellBasell Industries’s dividend payout ratio is presently 38.59%.

In other news, Director Jagjeet S. Bindra sold 1,574 shares of the business’s stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $103.73, for a total value of $163,271.02. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.09% of the stock is currently owned by insiders.

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LyondellBasell Industries Company Profile

LyondellBasell Industries N.V. is a chemical company. The Company operates in five segments: Olefins and Polyolefins-Americas (O&P-Americas), Olefins and Polyolefins-Europe, Asia, International (O&P-EAI), Intermediates and Derivatives (I&D), Refining and Technology. The O&P-Americas segment produces and markets olefins and co-products, polyethylene and polypropylene.

Insider Buying and Selling by Quarter for LyondellBasell Industries (NYSE:LYB)

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