In-Depth Examination Of 13 Analyst Recommendations For Albemarle
Portfolio Pulse from Benzinga Insights
Albemarle (NYSE:ALB) has been analyzed by 13 analysts, showing a range of ratings from bullish to bearish. The average 12-month price target has decreased by 18.25% to $102.38. Recent analyst actions include several downgrades and lowered price targets, reflecting challenges in Albemarle's financial performance, such as a revenue decline of -39.65% and a net margin of -16.07%.
October 25, 2024 | 5:00 pm
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Albemarle has received mixed analyst ratings, with a decrease in the average price target to $102.38. Recent downgrades and lowered price targets reflect financial challenges, including a significant revenue decline and negative net margin.
The decrease in the average price target and multiple downgrades by analysts indicate a negative sentiment towards Albemarle's short-term performance. The company's financial challenges, such as a significant revenue decline and negative net margin, further support a likely downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100