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Analysts’ Opinions Are Mixed on These Materials Stocks: LyondellBasell (LYB) and Celanese (CE)

Analysts have been eager to weigh in on the Materials sector with new ratings on LyondellBasell (LYBResearch Report) and Celanese (CEResearch Report).

LyondellBasell (LYB)

Wells Fargo analyst Michael Sison maintained a Buy rating on LyondellBasell yesterday and set a price target of $105.00. The company’s shares closed last Monday at $84.19.

According to TipRanks.com, Sison is a 4-star analyst with an average return of 3.9% and a 49.5% success rate. Sison covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Air Products and Chemicals, and Sherwin-Williams Company.

Currently, the analyst consensus on LyondellBasell is a Moderate Buy with an average price target of $101.91, representing a 18.8% upside. In a report issued on November 1, RBC Capital also maintained a Buy rating on the stock with a $104.00 price target.

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Celanese (CE)

Citi analyst Patrick Cunningham, CFA maintained a Hold rating on Celanese yesterday and set a price target of $143.00. The company’s shares closed last Monday at $123.50.

According to TipRanks.com, CFA is a 3-star analyst with an average return of 4.2% and a 64.4% success rate. CFA covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and H.B. Fuller Company.

The word on The Street in general, suggests a Hold analyst consensus rating for Celanese with a $142.92 average price target, a 13.4% upside from current levels. In a report released yesterday, Morgan Stanley also maintained a Hold rating on the stock with a $140.00 price target.

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