Albemarle (ALB)
(Real Time Quote from BATS)
$88.13 USD
-2.33 (-2.58%)
Updated Sep 25, 2024 12:38 PM ET
3-Hold of 5 3
D Value D Growth D Momentum F VGM
Albemarle (ALB) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$113.52 | $187.00 | $73.00 | 25.49% |
Price Target
Based on short-term price targets offered by 23 analysts, the average price target for Albemarle comes to $113.52. The forecasts range from a low of $73.00 to a high of $187.00. The average price target represents an increase of 25.49% from the last closing price of $90.46.
Analyst Price Targets (23)
Broker Rating
Albemarle currently has an average brokerage recommendation (ABR) of 2.43 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 24 brokerage firms. The current ABR compares to an ABR of 2.37 a month ago based on 25 recommendations.
Of the 24 recommendations deriving the current ABR, eight are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 33.33% and 4.17% of all recommendations. A month ago, Strong Buy made up 36%, while Buy represented 4%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 8 | 9 | 9 | 10 | 12 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 13 | 13 | 13 | 12 | 9 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 2 | 2 | 2 | 2 | 2 |
ABR | 2.43 | 2.37 | 2.37 | 2.29 | 2.10 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/30/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/6/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
8/5/2024 | Robert W. Baird & Co. | Benjamin J Kallo | Strong Buy | Hold |
8/5/2024 | KeyBanc Capital Markets | Aleksey Yefremov | Strong Buy | Strong Buy |
8/1/2024 | UBS | Joshua Spector | Hold | Hold |
8/1/2024 | Evercore Partners | Stephen Richardson | Strong Buy | Strong Buy |
7/31/2024 | Berenberg Bank | Andres Castanos-Mollor | Strong Buy | Hold |
7/17/2024 | Not Identified | Not Identified | Not Available | Hold |
7/15/2024 | BMO Capital Markets | Joel Jackson | Strong Buy | Strong Buy |
7/12/2024 | Not Identified | Not Identified | Hold | Hold |
7/11/2024 | Wells Fargo Securities | Michael J Sison | Strong Buy | Hold |
7/9/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/13/2024 | Argus Research Corp. | William V Selesky | Strong Buy | Strong Buy |
5/30/2024 | Piper Sandler | Charles N Neivert | Strong Sell | Strong Sell |
5/21/2024 | Scotiabank | Ben Isaacson | Strong Buy | Hold |
4/1/2024 | Cowen & Co. | David Deckelbaum | Hold | Hold |
3/8/2024 | Vertical Research Partners | Kevin W Mccarthy | Not Available | Hold |
3/7/2024 | Mizuho SecuritiesUSA | John Roberts | Hold | Hold |
3/1/2024 | Not Identified | Not Identified | Not Available | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.43 |
ABR (Last week) | 2.37 |
# of Recs in ABR | 24 |
Average Target Price | $113.52 |
LT Growth Rate | 16.00% |
Industry | Chemical - Diversified |
Industry Rank by ABR | 188 of 253 |
Current Quarter EPS Est: | -0.03 |
ALB FAQs
Albemarle Corporation (ALB) currently has an average brokerage recommendation (ABR) of 2.43 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 24 brokerage firms.
The average price target for Albemarle Corporation (ALB) is $113.52. The current on short-term price targets is based on 8 reports.
The forecasts for Albemarle Corporation (ALB) range from a low of $73 to a high of $187. The average price target represents a increase of $25.49 from the last closing price of $90.46.
The current UPSIDE for Albemarle Corporation (ALB) is 25.49%
Based on short-term price targets offered by 23 analysts, the average price target for Albemarle comes to $113.52. The forecasts range from a low of $73.00 to a high of $187.00. The average price target represents an increase of 25.49% from the last closing price of $90.46.