Royal Bank Of Canada Upgrades LyondellBasell Industries

Analysts raise rating on chemical company to "outperform"

Published on Mar. 9, 2026

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Royal Bank Of Canada has upgraded LyondellBasell Industries (NYSE:LYB) from a "sector perform" rating to an "outperform" rating in a research report issued on Monday. The report cited the company's strong performance and growth potential.

Why it matters

This upgrade from a major investment bank is a positive sign for LyondellBasell, indicating analysts see the company as well-positioned for future success. As a leading global chemical company, LyondellBasell's performance is closely watched by investors and can impact the broader chemical industry.

The details

In the research report, Royal Bank Of Canada analysts highlighted LyondellBasell's strong financial position and growth prospects. The company has seen its stock price rise in recent months as it has navigated challenges in the chemical industry. The upgrade comes after several other analysts have also issued positive assessments of LyondellBasell's outlook.

  • The research report was issued on Monday, March 9, 2026.

The players

Royal Bank Of Canada

A major Canadian multinational investment bank and financial services company.

LyondellBasell Industries

A global chemical company that specializes in the production of polyolefins and advanced polymers.

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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 (San Francisco Chronicle)

The takeaway

This upgrade from Royal Bank Of Canada is a positive sign for LyondellBasell and the broader chemical industry, indicating the company is well-positioned for continued growth and success.