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Albemarle Corp buy BMO Capital Markets

Start price
€114.90
07.11.23 / 50%
Target price
€168.34
07.11.24
Performance (%)
4.22%
Price
€119.02
03.05.24
Summary
This prediction is currently active. With a performance of 4.22%, the BUY prediction by BMO_Capital_Markets for Albemarle Corp is trending in the right direction. A total of €0.73 was paid as dividends for this prediction. This prediction currently runs until 07.11.24. The prediction end date can be changed by BMO_Capital_Markets at any time. BMO_Capital_Markets has 50% into this prediction

Albemarle 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
Albemarle Corp 8.973% 8.973%
iShares Core DAX® -0.922% -1.993%
iShares Nasdaq 100 0.371% -0.868%
iShares Nikkei 225® 2.224% -5.187%
iShares S&P 500 -0.026% -0.918%

Comments by BMO_Capital_Markets for this prediction

In the thread Albemarle Corp diskutieren
Prediction Buy
Perf. (%) 4.22%
Target price 168.336
Change
Ends at 07.11.24

Albemarle Co. (NYSE: ALB) had its price target lowered by analysts at BMO Capital Markets from $265.00 to $180.00. They now have an "outperform" rating on the stock.
Ratings data for ALB provided by MarketBeat