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Albemarle Corp has a consensus price target of $127.08 based on the ratings of 25 analysts. The high is $250 issued by Deutsche Bank on August 7, 2023. The low is $78 issued by JP Morgan on August 19, 2024. The 3 most-recent analyst ratings were released by Baird, RBC Capital, and Keybanc on December 18, 2024, November 12, 2024, and November 12, 2024, respectively. With an average price target of $121 between Baird, RBC Capital, and Keybanc, there's an implied 36.25% upside for Albemarle Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Albemarle (NYSE:ALB) was reported by Baird on December 18, 2024. The analyst firm set a price target for $103.00 expecting ALB to rise to within 12 months (a possible 15.98% upside). 57 analyst firms have reported ratings in the last year.
The latest analyst rating for Albemarle (NYSE:ALB) was provided by Baird, and Albemarle maintained their neutral rating.
The last upgrade for Albemarle Corp happened on April 11, 2024 when Berenberg raised their price target to $160. Berenberg previously had a hold for Albemarle Corp.
The last downgrade for Albemarle Corp happened on August 5, 2024 when Baird changed their price target from $102 to $85 for Albemarle Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Albemarle, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Albemarle was filed on December 18, 2024 so you should expect the next rating to be made available sometime around December 18, 2025.
While ratings are subjective and will change, the latest Albemarle (ALB) rating was a maintained with a price target of $79.00 to $103.00. The current price Albemarle (ALB) is trading at is $88.81, which is within the analyst’s predicted range.
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