Albemarle Corp sell Bank of America Co.
Start price
18.10.23
/
50%
€154.92
Target price
18.10.24
€152.45
Performance (%)
-43.31%
End price
19.10.24
€87.82
Summary
This prediction ended on 19.10.24 with a price of €87.82. The SELL prediction by Bank_of_America_Co_ for Albemarle Corp performed very well with a performance of -43.31%. Bank_of_America_Co_ has a follow-up prediction for Albemarle Corp, but this time predicts that Albemarle Corp is a Buy. Dividends of €1.47 are taken into consideration when calculating the performance. Bank_of_America_Co_ has 50% into this predictionAlbemarle is a specialty chemical company that produces and markets lithium, bromine, and other specialty chemicals globally. The company's products are used in a wide range of applications, including energy storage, flame retardants, pharmaceuticals, and agricultural solutions. Albemarle's lithium business has been a key driver of growth in recent years due to increasing demand for lithium-ion batteries used in electric vehicles and other technologies. The company has a market capitalization of around $11 billion and is listed on the New York Stock Exchange under the ticker symbol ALB.
Performance without dividends (%)
| Name | 1w | 1m | 1y |
|---|---|---|---|
| Albemarle Corp | -7.478% | -7.478% | 100.718% |
| iShares Core DAX® | -6,02 % | -4,60 % | 1,28 % |
| iShares Nasdaq 100 | 0,51 % | 0,16 % | 14,40 % |
| iShares Nikkei 225® | -7,16 % | -2,21 % | 27,89 % |
| iShares S&P 500 | -0,26 % | -0,84 % | 10,25 % |
Comments by Bank_of_America_Co_ for this prediction
In the thread Albemarle Corp diskutieren
Albemarle Co. (NYSE: ALB) was downgraded by analysts at Bank of America Co. from a "neutral" rating to an "underperform" rating. They now have a $161.00 price target on the stock, down previously from $212.00.
Ratings data for ALB provided by MarketBeat
In the thread Trading Albemarle Corp
Die von Bank_of_America_Co_ gewählte maximale Laufzeit wurde überschritten