Breaking Down Albemarle: 15 Analysts Share Their Views
Portfolio Pulse from Benzinga Insights
Albemarle (NYSE:ALB) has been analyzed by 15 analysts over the past three months, showing a range of perspectives from bullish to bearish. The average 12-month price target has decreased by 14.16% to $126.73. Recent analyst actions include multiple downgrades and lowered price targets, reflecting a negative shift in sentiment. Albemarle, a major lithium producer, has faced a 47.26% decline in revenue growth and struggles with profitability and returns.
July 31, 2024 | 5:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Albemarle has seen a negative shift in analyst sentiment, with the average 12-month price target decreasing by 14.16% to $126.73. The company has faced a significant decline in revenue growth and struggles with profitability and returns.
The decrease in the average price target and multiple downgrades by analysts indicate a negative outlook for Albemarle. The significant decline in revenue growth and below-average profitability metrics further support a likely short-term negative impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100