A Schulman Inc
How Wall Street Analysts Rate LyondellBasell ahead of 1Q18 Earnings
The analyst consensus target price for LyondellBasell is $116.82, implying a return potential of 8.5% over the closing price of $107.68 as of April 20, 2018.
LyondellBasell Wants to Acquire Braskem Stake
On June 15, LyondellBasell (LYB) said that it’s in talks with Odebrecht for a potential deal to acquire the controlling stake of Braskem (BAK).
LyondellBasell Gets Approval for the A. Schulman Acquisition
On May 22, LyondellBasell got approval for the A. Schulman (SHLM) acquisition from the Chinese State Administration of Market Regulation.
LyondellBasell’s 1Q18 Revenue Was Its Best since 4Q14
For 1Q18, LyondellBasell (LYB) reported revenue of $9.8 billion, an increase of 15.9% on a YoY (year-over-year) basis.
LyondellBasell Beats 1Q18 Revenue and Earnings Estimates
LyondellBasell (LYB) reported revenues of 9.77 billion for 1Q18 today, reflecting growth of 15.9% year-over-year.
Can 1Q18 Earnings Help LyondellBasell Retain Premium over Peers?
As of April 20, 2018, LyondellBasell’s one-year forward PE (price-to-earnings ratio) stands at 10.2x.
What LyondellBasell’s Short Interest Suggests
As of April 12, LyondellBasell’s (LYB) short interest had fallen since the beginning of 2018.
LyondellBasell Moves to Acquire A. Schulman
On February 15, 2018, LyondellBasell (LYB) announced that it has entered into a definitive agreement to acquire A. Schulman (SHLM).