July 5th 2011 02:36 pm
(LYB) LyondellBasel Industries Retains Buy Rating From ValuEngine.com
LyondellBasell Industries AF S.C.A is a manufacture of chemicals and derivatives. It also operates as a refiner of heavy high-sulfur crude oil produce and is engaged in the marketing and selling of polyolefins, polypropylene and polyethylene resins. LyondellBasell Industries AF S.C.A is headquartered in Rotterdam, the Netherlands.
ValuEngine has issued a BUY recommendation for LYONDELLBASEL-A on Jul. 07, 2011. Based on the information we have gathered and our resulting research, we feel that LYONDELLBASEL-A has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE momentum, company size and P/E ratio.
Based on available data as of Jul. 07, 2011, we believe that (LYB) should be trading at $41.78. This makes LYB 5.58% undervalued. Fair Value indicates what we believe the stock should be trading at today if the stock market were perfectly efficient and everything traded at its true worth. For LYB, we base this on actual earnings per share (EPS) for the previous four quarters of $4.83, forecasted EPS for the next four quarters of $4.51, and correlations to the 30- year Treasury bond yield of 4.35%.
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Tags: Industries, Lyondellbasel Industries
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