Based on the provided data and current market conditions, here's a concise analysis of LYB stock:
Technical Analysis
LYB is currently trading at $75.73, down 1.15% in regular market trading . The stock is showing bearish signals with RSI at 49.57, indicating neutral momentum but trending lower. The stock is trading below both its 20-day ($76.75) and 60-day ($77.34) moving averages, suggesting a downward trend.
Recent Developments
BMO Capital recently lowered their price target from $87 to $82, citing disappointing Q4 results driven by weaker margins in the Olefins & Polyolefins segment and elevated costs. Multiple analysts have adjusted their price targets downward in early 2025, though there's a mix of Hold and Buy ratings.
Analyst Consensus
Recent analyst actions show:
- Morgan Stanley: $85 price target with Buy rating
- JP Morgan: $80 price target with Buy rating
- RBC Capital: $90 price target with Buy rating
- Wells Fargo: $90 price target with Buy rating
- UBS: $76 price target with Hold rating
Conclusion
SELL. The technical indicators show weakness, with the stock trading below key moving averages. While some analysts maintain Buy ratings, the recent string of price target reductions and weak Q4 performance suggest near-term headwinds. The stock appears to be in a downtrend with limited catalysts for immediate upside.