Analysts have a consensus target price of $92.79 in the 12-month period. The price objective is 9.33% higher than the recent closing price of $84.87. The 52-week price range is $68.41-$104.40 and the company has a market capitalization of $36.01 billion. Analysts covering the shares maintain a consensus Buy rating, according to Zacks Investment Research. Zero analyst has rated the stock with a sell rating, 4 has assigned a hold rating, 1 says it’s a buy, and 6 have assigned a strong buy rating to the company.
LyondellBasell Industries NV (LYB) on March 23, 2016 announced a donation of $1.9 million to the United Way of Greater Houston for its 2015 campaign. As part of the company’s 2015 effort, LyondellBasell held United Way campaigns at 22 company sites across the U.S. and raised a total of $2.7 million.
“We are committed to being a responsible, good neighbor in the communities where we operate,” said LyondellBasell CEO Bob Patel. “We are very proud of our efforts and the generosity of our employees in giving back to their communities through charitable giving and volunteer service.”
Donations to the United Way of Greater Houston come from multiple LyondellBasell manufacturing sites, including the Channelview Complex, the Houston Refinery and the La Porte Complex, as well as the company’s operational headquarter offices in downtown Houston.
“LyondellBasell continues to be one of United Way’s top corporate contributors, and we appreciate the hard work of their campaign leaders and the generous hearts of their employees,” said Marc Watts, chairman of the board of the United Way of Greater Houston.
“LyondellBasell is a model for giving in our community,” said Debbie Moseley, executive director of Bridge Over Troubled Waters, a United Way agency located in Pasadena, Texas. “Not only do they provide financial support through their annual United Way campaign, but LyondellBasell employees have volunteered to paint, make repairs to our building, weed and install new landscaping,” she added. Bridge Over Troubled Waters provides emergency shelter, long-term housing, childcare, women’s services and educational programs for victims of domestic violence.
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