Information Provided By:
Fly News Breaks for April 21, 2016
LYB
Apr 21, 2016 | 08:27 EDT
JPMorgan analyst Jeffrey Zekauskas raised his price target for LyondellBasell to $100 and keeps an Overweight rating on the name. The analyst says he likes owning the stock amid higher ethylene and polyethylene pricing given the company's free cash flow generation. He expects the company to earn $10.00 per share in 2017 and $10.80 in 2018.