Wells Fargo Raises LyondellBasell Industries Price Target

Analysts see potential upside for the specialty chemicals company's stock.

Mar. 30, 2026 at 3:38pm

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Wells Fargo & Company increased their target price on LyondellBasell Industries (NYSE:LYB) from $70.00 to $87.00 and maintained an 'equal weight' rating on the stock. The firm believes the specialty chemicals company's stock price has potential to rise.

Why it matters

This price target increase from a major Wall Street firm suggests analysts see upside potential in LyondellBasell's stock, which could signal growing confidence in the company's financial performance and outlook.

The details

In their report, Wells Fargo analysts cited LyondellBasell's strong market position and product portfolio as reasons for the higher price target. The company specializes in the production of polyolefins and advanced polymers used in a wide range of industries.

  • The new $87.00 price target was issued on March 30, 2026.

The players

Wells Fargo & Company

A major U.S. financial services company that provides various banking, investment, and mortgage products and services.

LyondellBasell Industries

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

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What’s next

Investors will be watching to see if LyondellBasell's stock price rises to meet Wells Fargo's new $87.00 target in the coming weeks and months.

The takeaway

This price target increase from a major Wall Street firm suggests analysts see continued upside potential in LyondellBasell's stock, which could signal growing confidence in the company's financial performance and outlook.