B of A Securities Maintains Underperform on Albemarle, Raises Price Target to $208
B of A Securities analyst Matthew DeYoe maintains Albemarle (NYSE:ALB) with a Underperform and raises the price target from $140 to $208.
Stocks That Hit 52-Week Highs On Tuesday
Before 10 a.m. ET on Tuesday, 100 stocks hit new 52-week highs.
4 Stocks Insiders Are Selling
When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.
RBC Capital Maintains Sector Perform on Albemarle, Raises Price Target to $218
RBC Capital analyst Arun Viswanathan maintains Albemarle (NYSE:ALB) with a Sector Perform and raises the price target from $200 to $218.
Keybanc Maintains Underweight on Albemarle, Raises Price Target to $127
Keybanc analyst Aleksey Yefremov maintains Albemarle (NYSE:ALB) with a Underweight and raises the price target from $117 to $127.
Stocks That Hit 52-Week Highs On Thursday
On Thursday morning, 159 companies achieved new highs for the year.
Albemarle: Q2 Earnings Insights
Shares of Albemarle (NYSE:ALB) decreased in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were up 3.49% year over year to $0.89, which beat the estimate of $0.83.
Albemarle Q2 Adj. EPS $0.89 Beats $0.83 Estimate, Sales $773.90M Miss $788.60M Estimate
Albemarle (NYSE:ALB) reported quarterly earnings of $0.89 per share which beat the analyst consensus estimate of $0.83 by 7.23 percent. This is a 3.49 percent increase over earnings of $0.86 per share from the same
Stocks That Hit 52-Week Highs On Wednesday
Before 10 a.m. ET Wednesday, 138 stocks hit new 52-week highs.