Showing posts with label LyondellBasell. Show all posts
Showing posts with label LyondellBasell. Show all posts

Tuesday, August 2, 2011

Priceline (PCLN) (ARW) (CL) (AME) (LYB) (CVH) EPS Estimates Changed

Priceline (NASDAQ: PCLN), Arrow Electronics, Inc. (NYSE: ARW), Colgate-Palmolive Company (NYSE: CL), Ametek, Inc. (NYSE: AME), LyondellBasell (NYSE: LYB) and Coventry Health Care, Inc. (NYSE: CVH) had their EPS estimates adjusted by analysts.

UBS AG boosted its EPS estimates on Ametek, Inc. (AME). They have a “Neutral” rating and a price target of $47.00 on the company.

Credit Suisse (NYSE:CS) cut its EPS estimates on Arrow Electronics, Inc. (ARW). They have a “Neutral” rating and a price target $39.00 on the company.

UBS AG (NYSE:UBS) cut its EPS estimates on Colgate-Palmolive Company (CL). They have a “Neutral” rating and a price target of $84.00 on the company.

Barclays Capital raised its EPS estimates on Coventry Health Care, Inc. (CVH). They have an “Equal Weight” rating and a price target of $38.00 on the company.

UBS AG raised its EPS estimates on LyondellBasell (LYB). They have a “Buy” rating and a price target of $47.00 on the company.

ThinkEquity raised its EPS estimates on Priceline (PCLN). They have a “Buy” rating and a price target of $725.00 on the company.

Credit Suisse raised its EPS estimates on Sally Beauty Holdings Inc. (SBH). They have an “Outperform” rating and a price target of $19.00 on the company.

Tuesday, May 3, 2011

Price Targets on (IPHS) (JKS) (LUV) (LYB) (MCP) Updated

Price targets on Innophos Holdings, Inc. (NASDAQ: IPHS), JinkoSolar Holding Co., Ltd. (NYSE: JKS), Southwest Airlines Co. (NYSE: LUV), LyondellBasell (NYSE: LYB) and Molycorp, Inc. (NYSE: MCP) were updated today by analysts.

Oppenheimer raised their price target on Innophos Holdings, Inc. (IPHS) from $47.00 to $56.00. They have an “outperform” rating on the company.

Brean Murray raised their price target on JinkoSolar Holding Co., Ltd. (JKS) from $32.00 to $35.00. They have a “buy” rating on the company.

Deutsche Bank (NYSE:DB) raised their price target on Southwest Airlines Co. (LUV) to $18.00. They have a “buy” rating on the company.

Citigroup (NYSE:C) raised their price target on LyondellBasell (LYB) from $46.00 to $55.00. They have a “sell” rating on the company.

Dahlman Rose raised their price target on Molycorp, Inc. (MCP) from $85.00 to $125.00. They have a “buy” rating on the company.

Wednesday, March 9, 2011

General Motors (GM), Citigroup (C),LyondellBasell (LYB), JPMorgan (JPM) Top Hedge Fund Picks

General Motors (NYSE:GM), Citigroup (NYSE:C), LyondellBasell (NYSE:LYB) and JPMorgan (NYSE:JPM) are the top four investment picks of hedge fund managers, according to a list compiled by Seeking Alpha.

The remaining top six picks of hedge fund managers of the top 10 in order, are Google (GOOG), Genzyme (GENZ), Hewlett Packard (HPQ), Cisco (CSCO), Williams Cos Inc (WMB) and Teva Pharmaceutical (TEVA).

Alpha said this about General Motors being No. 1: "Hedge funds snatched 6% of GM’s outstanding shares and amassed a $3.4 billion position. There were 112 hedge funds with GM positions at the end of December. John Griffin’s Blue Rigde, William Ackman’s Pershing Square, George Soros, David Tepper’s Appaloosa, Roberto Mignone’s Bridger Management, Richard Perry’s Perry Capital and Leon Cooperman’s Omega Advisors are among the several high profile hedge funds with GM positions."

General Motors closed Tuesday at $32.72, up $1.02, or 3.22 percent. Citigroup closed at $4.64, up $0.12, or 2.65 percent. LyondellBasell ended the session at $40.73, up $0.90, or 2.26 percent. JPMorgan closed at $46.40, up $1.21, or 2.68 percent.




Source

Tuesday, February 15, 2011

BP (NYSE:BP), Sprint (NYSE:S) Added by Einhorn to Greenlight Capital

BP Plc (NYSE:BP) and Sprint Nextel Corp (NYSE:S) were among the new companies added by Hedge fund manager David Einhorn to his Greenlight Capital fund, according to a required 13-F filing with the SEC.

Interestingly, Einhorn also took stakes in two companies which recently emerged from bankruptcy: LyondellBasell Industries (NYSE:LYB) and SemGroup Corp (NYSE:SEMG). He invested $88.6 million in LyondellBasell and $52 million in SemGroup.

Among Einhorn's favorite long-term investments is Vodafone Group Plc (LSE:VOD) (NASDAQ:VOD), which he retains a significant stake in.

Commenting on his BP investment, he said he still see the energy company as continuing to trade at a major discount to its competitors. He added $147 million to his stake in the company.

He invested in 52 million shares of Sprint, valued at close to $236 million. Einhorn's thinking there is he believes Sprint will be able to expand its margins because of its consolidation strategy.

Net of expenses and fees, Einhorn's Greenlight Capital L.P. fund generated a return of 15.9 percent.

Tuesday, December 7, 2010

LyondellBasell Industries (NYSE:LYB) Should Enjoy Upside in 2011

Although there's a strong possibility LyondellBasell Industries (NYSE:LYB) will remain range-bound in the short-term, for 2011 Jefferies expects them to have some upside.

Jefferies noted, "With 3-4 years to the next peak in the ethylene cycle, LyondellBasell should trade mostly on short-cycle growth indicators and unplanned outages. While the shares may be range-bound near-term on seasonal margin concerns, there should be upside in 2011."

EPS estimates from 2010 through 2012 have been kept the same; FY10, 2011, and 2012 at $2.35/$39.8 billion, $2.65/$38.4 billion, and $3.50/$41.4 billion.

Jefferies has reiterated their "Buy" rating on LyondellBasell, which closed Monday at $31.08, up by $0.56, or 1.83 percent. They increased their price target from $33 to $36.