Albemarle (ALB) Stock Forecast & Price Target

$115.78

+1.45 (+1.27%)

(As of 02/9/2024 08:55 PM ET)

Albemarle Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 18 Analyst Ratings

Analysts' Consensus Price Target

$200.16
72.88% Upside

High Forecast	$403.00
Average Forecast	$200.16
Low Forecast	$120.00

Type	Current Forecast 2/12/23 to 2/12/24	1 Month Ago 1/13/23 to 1/13/24	3 Months Ago 11/14/22 to 11/14/23	1 Year Ago 2/12/22 to 2/12/23
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	9 Buy rating(s)	11 Buy rating(s)	9 Buy rating(s)
Hold	9 Hold rating(s)	7 Hold rating(s)	6 Hold rating(s)	7 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	3 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$200.16	$221.50	$228.50	$299.37
Predicted Upside	72.88% Upside	38.82% Upside	31.11% Upside	17.73% Upside

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ALB Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

ALB Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Albemarle Stock vs. The Competition

Type	Albemarle	Basic Materials Companies	S&P 500
Consensus Rating Score	2.28	2.58	2.48
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	72.88% Upside	485.83% Upside	8.84% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

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Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
2/9/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$175.00 ➝ $120.00	+4.96%
1/30/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$142.00 ➝ $137.00	+12.89%
1/29/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform	$220.00 ➝ $130.00	+8.48%
1/23/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$152.00 ➝ $130.00	+7.64%
1/17/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$308.00 ➝ $191.00	+53.87%
1/11/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$155.00 ➝ $135.00	+1.55%
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1/9/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$200.00 ➝ $199.00	+45.70%
12/12/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Neutral	$154.00 ➝ $149.00	+17.74%
12/5/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underweight	$140.00 ➝ $128.00	+6.68%
11/7/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$265.00 ➝ $180.00	+48.06%
11/6/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$212.00 ➝ $163.00	+36.34%
10/9/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$260.00 ➝ $210.00	+31.38%
9/8/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$295.00 ➝ $280.00	+51.68%
8/3/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underperform ➝ Underperform	$163.00 ➝ $185.00	-8.82%
6/23/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$360.00 ➝ $300.00	+32.74%
5/15/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform	$222.00 ➝ $288.00	+47.10%
5/10/2023	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Isaacson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Sector Perform
4/17/2023	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold	$290.00 ➝ $225.00	+10.29%
3/17/2023	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$397.00 ➝ $403.00	+87.78%
2/21/2023	CICC Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 05:26 AM ET.

ALB Price Target - Frequently Asked Questions

What is Albemarle's consensus rating and price target?: According to the issued ratings of 18 analysts in the last year, the consensus rating for Albemarle stock is Hold based on the current 2 sell ratings, 9 hold ratings and 7 buy ratings for ALB. The average twelve-month price prediction for Albemarle is $200.16 with a high price target of $403.00 and a low price target of $120.00. Learn more on ALB's analyst rating history.
Do Wall Street analysts like Albemarle more than its competitors?: Analysts like Albemarle less than other Basic Materials companies. The consensus rating for Albemarle is Hold while the average consensus rating for basic materials companies is Moderate Buy. Learn more on how ALB compares to other companies.
Is Albemarle being upgraded or downgraded by Wall Street analysts?: Over the previous 90 days, Albemarle's stock had 4 downgrades and 1 upgrade by analysts.

Does Albemarle's stock price have much upside?: According to analysts, Albemarle's stock has a predicted upside of 33.80% based on their 12-month stock forecasts.
What analysts cover Albemarle?: Albemarle has been rated by Bank of America, Citigroup, Deutsche Bank Aktiengesellschaft, KeyCorp, Mizuho, Oppenheimer, Piper Sandler, TD Cowen, and UBS Group in the past 90 days.

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This page (NYSE:ALB) was last updated on 2/12/2024 by MarketBeat.com Staff

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Albemarle (ALB) Stock Forecast & Price Target

Albemarle Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

ALB Analyst Ratings By Month

ALB Price Targets by Month

Albemarle Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

ALB Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

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