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Albemarle (ALB)

(Delayed Data from NYSE)

$100.84 USD

100.84
2,285,231

+0.91 (0.91%)

Updated Nov 8, 2024 04:00 PM ET

After-Market: $100.79 -0.05 (-0.05%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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5-Strong Sell of 5         5

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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F Value B Growth F Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 15% (212 out of 250)

Industry: Chemical - Diversified

Albemarle (ALB) Price Targets

Average Price Target Highest Price Target Lowest Price Target Upside to Average Price Target
$111.30 $171.00 $73.00 11.38%

Price Target

Based on short-term price targets offered by 23 analysts, the average price target for Albemarle comes to $111.30. The forecasts range from a low of $73.00 to a high of $171.00. The average price target represents an increase of 11.38% from the last closing price of $99.93.

Analyst Price Targets (23)

Last Close 99.93
Average 111.30 11.38% Upside Low 73.00 -26.95% Downside High 171.00 71.12% Upside

Broker Rating

Albemarle currently has an average brokerage recommendation (ABR) of 2.37 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 25 brokerage firms. The current ABR compares to an ABR of 2.37 a month ago based on 25 recommendations.

Of the 25 recommendations deriving the current ABR, nine are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 36% and 4% of all recommendations. A month ago, Strong Buy made up 36%, while Buy represented 4%.

Broker Rating Breakdown

Broker Rating Visualization

Brokerage Recommendations

Today 1 Week Ago 1 Month Ago 2 Months Ago 3 Months Ago
Strong Buy 9 9 9 9 9
Buy 1 1 1 1 1
Hold 13 13 13 13 13
Sell 0 0 0 0 0
Strong Sell 2 2 2 2 2
ABR 2.37 2.37 2.37 2.37 2.37

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
11/7/2024 Mizuho SecuritiesUSA John Roberts Hold Hold
10/15/2024 Not Identified Not Identified Hold Hold
10/9/2024 Cowen & Co. David Deckelbaum Hold Hold
9/27/2024 Not Identified Not Identified Strong Buy Strong Buy
8/30/2024 Not Identified Not Identified Not Available Strong Buy
8/6/2024 Not Identified Not Identified Moderate Buy Moderate Buy
8/5/2024 KeyBanc Capital Markets Aleksey Yefremov Strong Buy Strong Buy
8/5/2024 Robert W. Baird & Co. Benjamin J Kallo Strong Buy Hold
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
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 Loop Capital Markets Laura Champine Not Available Strong Buy
5/21/2024 Scotiabank Ben Isaacson Strong Buy Hold
3/8/2024 Vertical Research Partners Kevin W Mccarthy 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

Zacks provides the average brokerage recommendation (ABR) for thousands of stocks for most of the leading investment web sties. The ABR is the calculated average of the actual recommendations (strong buy, hold, sell etc) made by the brokerage firms for a given stock.

ABR vs Zacks Rank

2.37
ABR (Last week) 2.37
# of Recs in ABR 25
Average Target Price $111.74
LT Growth Rate 16.00%
Industry Chemical - Diversified
Industry Rank by ABR 212 of 252
Current Quarter EPS Est: -0.43

ALB FAQs

Albemarle Corporation (ALB) currently has an average brokerage recommendation (ABR) of 2.37 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 25 brokerage firms.

The average price target for Albemarle Corporation (ALB) is $111.74. The current on short-term price targets is based on 7 reports.

The forecasts for Albemarle Corporation (ALB) range from a low of $73 to a high of $171. The average price target represents a increase of $10.81 from the last closing price of $100.84.

The current UPSIDE for Albemarle Corporation (ALB) is 10.81%

Based on short-term price targets offered by 23 analysts, the average price target for Albemarle comes to $111.30. The forecasts range from a low of $73.00 to a high of $171.00. The average price target represents an increase of 11.38% from the last closing price of $99.93.