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Analysts Offer Insights on Materials Companies: LyondellBasell (LYB) and FMC (FMC)

Tipranks - Thu Mar 12, 6:42AM CDT

Analysts fell to the sidelines weighing in on LyondellBasell (LYBResearch Report) and FMC (FMCResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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LyondellBasell (LYB)

In a report released today, Hassan Ahmed from Alembic Global maintained a Hold rating on LyondellBasell, with a price target of $66.00. The company’s shares closed last Tuesday at $65.61.

According to TipRanks.com, Ahmed is a 4-star analyst with an average return of 3.2% and a 45.3% success rate. Ahmed covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Westlake Corporation, and Chemours Company. ;'>

LyondellBasell has an analyst consensus of Moderate Buy, with a price target consensus of $61.36, a -6.6% downside from current levels. In a report issued on March 5, BMO Capital also upgraded the stock to Hold with a $68.00 price target.

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FMC (FMC)

J.P. Morgan analyst Jeffrey Zekauskas maintained a Hold rating on FMC yesterday. The company’s shares closed last Tuesday at $13.74.

According to TipRanks.com, Zekauskas is a 4-star analyst with an average return of 4.9% and a 57.7% success rate. Zekauskas covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Compass Minerals International, and Air Products and Chemicals. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for FMC with a $16.15 average price target, representing a 15.3% upside. In a report issued on February 26, TipRanks – Google also upgraded the stock to Hold with a $13.50 price target.

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