LyondellBasell Industries Rises 7% After Analyst Upgrade

Shares of the chemical company jump following a rating and price target increase from BMO Capital Markets.

Mar. 5, 2026 at 5:04pm

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Shares of LyondellBasell Industries N.V. (NYSE:LYB) rose 7% on Thursday after BMO Capital Markets upgraded the stock from an underperform rating to a market perform rating and increased its price target from $38 to $68. The stock traded as high as $67.80 during the day, with trading volume declining 28% from the average session.

Why it matters

The analyst upgrade and price target increase suggest improved sentiment around LyondellBasell's business prospects, which could signal a turnaround for the specialty chemicals company after a period of underperformance.

The details

BMO Capital Markets cited the upgraded rating and higher price target as a result of improved market conditions and the company's performance. LyondellBasell has faced some headwinds recently, with the Goldman Sachs Group and Wall Street Zen previously downgrading the stock.

  • The upgrade and price target increase were announced on Thursday, March 5, 2026.

The players

LyondellBasell Industries N.V.

A global chemical company headquartered in Houston, Texas that specializes in the production of polyolefins and advanced polymers.

BMO Capital Markets

An investment bank and financial services provider that upgraded LyondellBasell Industries' stock rating and increased its price target.

The Goldman Sachs Group

An investment bank that previously downgraded LyondellBasell Industries' stock.

Wall Street Zen

A financial research firm that previously downgraded LyondellBasell Industries' stock.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

The analyst upgrade and price target increase for LyondellBasell Industries suggest that the company's business may be turning a corner, though it has faced some recent headwinds. Investors will be watching to see if the stock can maintain its momentum following the positive news.