LyondellBasell Industries: BMO Capital Downgrades to Market Perform, PT to $58.

LyondellBasell Industries: BMO Capital Downgrades to Market Perform, PT to $58.

BMO Capital has downgraded LyondellBasell Industries (LYONDELLBASELL) to "Market Perform" from "Outperform," reducing the price target to $58. This move comes amidst a series of recent adjustments in analyst ratings and price targets for the chemical company.

The downgrade follows a period of varying analyst opinions, with several major financial institutions adjusting their price targets. Wells Fargo, for instance, increased its target to $75, while Wolfe Research lowered it to $47. RBC Capital Markets raised its target to $64, and Citigroup adjusted its target to $56.

BMO Capital's latest move reflects a cautious stance on the company's future prospects. The adjustment to "Market Perform" indicates that the analyst believes the stock's performance will be in line with the broader market, rather than exceeding it.

Investors should note that LyondellBasell Industries has been experiencing fluctuations in analyst recommendations and price targets, with some analysts maintaining "Overweight" or "Neutral" ratings, while others have downgraded the stock to "Underperform" or "Sell." These changes highlight the differing views on the company's valuation and growth potential.

As of July 2, 2025, LyondellBasell Industries continues to operate in a dynamic market environment, with various factors influencing its stock price. Investors are advised to monitor the company's financial performance and other market developments to make informed investment decisions.

References:
[1] https://www.marketscreener.com/quote/stock/LYONDELLBASELL-INDUSTRIES-6742278/consensus/