Albemarle Corporation Share Price Target ‘$149.71’, now 31.4% Upside Potential

Broker Ratings
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Albemarle Corporation with ticker code (ALB) now have 24 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $216.00 and $81.00 calculating the mean target share price we have $149.71. (at the time of writing). Given that the stocks previous close was at $113.97 this indicates there is a potential upside of 31.4%. There is a 50 day moving average of $123.07 and the 200 moving average now moves to $134.76. The market capitalization for the company is 13.24B. The stock price for Affirm Holdings, Inc. is $112.65 USD

The potential market cap would be $17,391,182,714 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 40.82, revenue per share of $71.55 and a -2.68% return on assets.

Albemarle Corporation is a global developer, manufacturer and marketer of specialty chemicals. The Company operates through three segments: Energy Storage, Specialties and Ketjen. The Energy Storage business contributes to the growth of clean miles driven with electric vehicles and more efficient use of renewable energy through grid storage. Its Specialties segment enables the prevention of fires starting in electronic equipment, greater fuel efficiency from rubber tires and the reduction of emissions from coal-fired power plants. The Ketjen business creates efficiency of natural resources through more usable products from a single barrel of oil, enables safer, greener production of alkylates used to produce more environmentally friendly fuels, and reduced emissions through cleaner transportation fuels. It serves the markets, such as serve include energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals and crop protection.

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