Keybanc Maintains Underweight on Albemarle, Raises Price Target to $131
Keybanc maintains Albemarle (NYSE:ALB) with a Underweight and raises the price target from $127 to $131.
Albemarle’s Debt Overview
Shares of Albemarle (NYSE:ALB) rose by 33.77% in the past three months. Before we understand the importance of debt, let us look at how much debt Albemarle has.
If You Invested $100 Over The Past 15 Years In This Dividend Stock, Here’s How Much You Would Have Today
Albemarle (NYSE:ALB) has outperformed the market over the past 90 days by 27.25%, generating a 30.08% return for its investors over the time period. Now, given this information, it may seem like price appreciation alone is the best way to have made money on this stock, that's not actually the case.
Why This Albemarle Analyst Is Lifting Their Price Target
Albemarle Corporation (NYSE: ALB) will benefit as electric vehicle production growth accelerates, according to a RBC Capital Markets analyst.
Analyst Ratings For Albemarle
Within the last quarter, Albemarle (NYSE:ALB) has observed the following analyst ratings:
Oppenheimer Maintains Outperform on Albemarle, Raises Price Target to $296
Oppenheimer analyst Colin Rusch maintains Albemarle (NYSE:ALB) with a Outperform and raises the price target from $250 to $296.
Deutsche Bank Maintains Buy on Albemarle, Raises Price Target to $270
Deutsche Bank analyst David Begleiter maintains Albemarle (NYSE:ALB) with a Buy and raises the price target from $245 to $270.
Wells Fargo Maintains Equal-Weight on Albemarle, Raises Price Target to $270
Wells Fargo analyst Michael Sison maintains Albemarle (NYSE:ALB) with a Equal-Weight and raises the price target from $225 to $270.
BMO Capital Maintains Outperform on Albemarle, Raises Price Target to $290
BMO Capital analyst Joel Jackson maintains Albemarle (NYSE:ALB) with a Outperform and raises the price target from $265 to $290.
RBC Capital Maintains Sector Perform on Albemarle, Raises Price Target to $246
RBC Capital analyst Arun Viswanathan maintains Albemarle (NYSE:ALB) with a Sector Perform and raises the price target from $218 to $246.