Bank of America cuts target for LyondellBasell stock to USD 61.00

Published on 10/20/2026 at 13:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bank of America kept Sell and set a USD 61.00 target on October 19, 2026. LyondellBasell stock costs EUR 56.96 on October 20, 2026.

Target and quarterly results

Bank of America set a USD 61.00 target on October 19, 2026.
Second-quarter revenue reached USD 9.18 billion in the period ended June 30, 2026.
LyondellBasell stock trades at EUR 56.96 at 1:13 p.m. CEST at Lang & Schwarz on October 20, 2026.

Bauhaus-Poster mit Chemie-Symbolik und geometrischen Formen, Bezug zu LyondellBasell (NL0009434992) — Geometrisches Bauhaus-Poster mit Sektor-Text CHEMIE steht sinnbildlich für den Konzern LyondellBasell mit der ISIN NL0009434992, Illustration mit AI erstellt.

LyondellBasell Industries (ISIN NL0009434992) is facing a USD 61.00 price target from Bank of America Securities after the firm maintained its Sell rating on October 19, 2026. At Lang & Schwarz, the stock was trading at EUR 56.96 on October 20, 2026 at 1:13 p.m. CEST.

Bank of America cuts the target

According to Business Insider, Matthew DeYoe of Bank of America Securities maintained the Sell rating and set the USD 61.00 target on October 19, 2026. The same report said LyondellBasell had posted second-quarter revenue of USD 9.18 billion, compared with USD 7.66 billion in the prior-year quarter.

The target decision comes ahead of the company's third-quarter results. The lower target contrasts with the latest reported earnings, when second-quarter net income reached USD 559 million and diluted earnings per share were USD 1.71, according to LyondellBasell.

What comes next for earnings

LyondellBasell said on October 5, 2026, that it will release third-quarter 2026 results before the U.S. market opens on October 30, 2026. The company scheduled a webcast and conference call for 11:00 a.m. EDT.

For investors, the next report will test whether the second-quarter improvement can continue. The company reported second-quarter EBITDA of USD 1.3 billion, or USD 2.1 billion excluding identified items, including USD 842 million of identified items net of tax.

Euro quote ahead of results

The euro quotation places the stock at EUR 56.96 during the Xetra trading phase on October 20, 2026. LyondellBasell operates in specialty chemicals and is listed on the NYSE under the ticker LYB.

The further course of trading is shown by the continuously updated real-time quote of LyondellBasell stock.