UBS analyst Joshua Spector maintains Albemarle (NYSE:ALB) with a Neutral and lowers the price target from $124 to $109.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/5/2024 | $102.00 → $85.00 | Outperform → Neutral | Robert W. Baird |
| 7/31/2024 | $160.00 → $83.00 | Buy → Hold | Berenberg |
| 7/17/2024 | $95.00 | Buy → Hold | HSBC Securities |
| 7/11/2024 | $145.00 → $100.00 | Overweight → Equal Weight | Wells Fargo |
| 5/22/2024 | $150.00 → $135.00 | Sector Outperform → Sector Perform | Scotiabank |
| 4/11/2024 | $130.00 → $160.00 | Hold → Buy | Berenberg |
| 4/10/2024 | $137.00 → $156.00 | Neutral → Buy | BofA Securities |
| 3/8/2024 | $145.00 | Buy → Hold | Vertical Research |
4 - ALBEMARLE CORP (0000915913) (Issuer)
3 - ALBEMARLE CORP (0000915913) (Issuer)
4 - ALBEMARLE CORP (0000915913) (Issuer)
CHARLOTTE, N.C., Nov. 6, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE:ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced its results for the third quarter ended September 30, 2024. Third-Quarter 2024 and Recent Highlights(Unless otherwise stated, all percentage changes represent year-over-year comparisons) Net sales of $1.4 billion, with volumes in Energy Storage and Specialties up 16% and 4%, respectivelyNet loss of ($1.1) billion, or ($9.45) per diluted share attributable to common shareholders, which incl
CHARLOTTE, N.C., Oct. 28, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE:ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced today that its board of directors has declared a quarterly common stock dividend of $0.405 per share. The dividend, which has an annualized rate of $1.62, is payable Jan. 2, 2025, to shareholders of record at the close of business as of Dec. 13, 2024. About AlbemarleAlbemarle Corporation (NYSE:ALB) leads the world in transforming essential resources into critical ingredients for mobility, energ
Decision marks next step in comprehensive review of cost and operating structure CHARLOTTE, N.C., Oct. 7, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE:ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced the company's new operating structure to adapt to dynamic market conditions. Albemarle's operating structure will transition from two core global business units – Energy Storage and Specialties – to a fully integrated functional model designed to increase agility, deliver significant cost savings and maintain
4 - ALBEMARLE CORP (0000915913) (Issuer)
Robert W. Baird downgraded Albemarle from Outperform to Neutral and set a new price target of $85.00 from $102.00 previously
Berenberg downgraded Albemarle from Buy to Hold and set a new price target of $83.00 from $160.00 previously
HSBC Securities downgraded Albemarle from Buy to Hold and set a new price target of $95.00
HSBC analyst Santhosh Seshadri downgrades Albemarle (NYSE:ALB) from Buy to Hold and announces $95 price target.
Citigroup analyst Patrick Cunningham maintains Albemarle (NYSE:ALB) with a Neutral and lowers the price target from $137 to $100.
Albemarle (NYSE:ALB) has outperformed the market over the past 20 years by 1.3% on an annualized basis producing an average annual return of 9.67%. Currently, Albemarle has a market capitalization of $11.44 billion. Buying $1000 In ALB: If an investor had bought $1000 of ALB stock 20 years ago, it would be worth $6,381.64 today based on a price of $97.32 for ALB at the time of writing. Albemarle's Performance Over Last 20 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and revie
Ketjen Corporation, a leader in catalyst and specialty chemicals manufacturing, today announces the appointment of Henri Tausch to Chief Commercial Officer (CCO) effective June 24, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240619765799/en/Henri Tausch, Ketjen Chief Commercial Officer (Photo: Business Wire) In his role as Chief Commercial Officer, Tausch will oversee and advance the company's commercial strategy, and foster key partnerships to accelerate the company's global growth trajectory. "I am honored to join Ketjen and contribute to its continued success," said Henri Tausch "It's inspiring to see Ketjen's dedi
Jamie A. Beggs and Scott A. Tozier to Join as Newest Board Members Ilene S. Gordon to Retire from the Board MEMPHIS, Tenn., May 22, 2024 /PRNewswire/ -- International Paper ("IP") (NYSE:IP) announced that Jamie A. Beggs and Scott A. Tozier have been elected to IP's Board of Directors, effective May 21, 2024. The company also announced that Ilene S. Gordon has retired from the Board citing personal and health reasons, effective May 21, 2024. Ms. Beggs, age 47, currently serves as Senior Vice President and Chief Financial Officer of Avient Corporation (NYSE:AVNT), a premier pr
CHARLOTTE, N.C., Aug. 2, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE:ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced its results for the second quarter ended June 30, 2023. Second-Quarter 2023 and Recent Highlights(Unless otherwise stated, all percentage changes represent year-over-year comparisons) Net sales of $2.4 billion, an increase of 60%Net income of $650.0 million, or $5.52 per diluted share, an increase of 60%Adjusted diluted EPS of $7.33, an increase of 112%Adjusted EBITDA of $1.0 billion, an i
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10-Q - ALBEMARLE CORP (0000915913) (Filer)
8-K - ALBEMARLE CORP (0000915913) (Filer)
8-K - ALBEMARLE CORP (0000915913) (Filer)
CHARLOTTE, N.C., Nov. 6, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE:ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced its results for the third quarter ended September 30, 2024. Third-Quarter 2024 and Recent Highlights(Unless otherwise stated, all percentage changes represent year-over-year comparisons) Net sales of $1.4 billion, with volumes in Energy Storage and Specialties up 16% and 4%, respectivelyNet loss of ($1.1) billion, or ($9.45) per diluted share attributable to common shareholders, which incl
CHARLOTTE, N.C., Oct. 28, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE:ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced today that its board of directors has declared a quarterly common stock dividend of $0.405 per share. The dividend, which has an annualized rate of $1.62, is payable Jan. 2, 2025, to shareholders of record at the close of business as of Dec. 13, 2024. About AlbemarleAlbemarle Corporation (NYSE:ALB) leads the world in transforming essential resources into critical ingredients for mobility, energ
COQUITLAM, BC / ACCESSWIRE / October 28, 2024 / Grid Battery Metals Inc. (the "Company" or "Grid") (TSXV:CELL)(OTCQB:EVKRF)(FRA:W47) is pleased to announce that its reverse circulation drilling program has now been completed on the Company's claim block at Silver Peak, Clayton Valley, Esmeralda County, Nevada. This strategic land package, covering approximately 2,300 acres (930 ha), directly adjoins the western portion of lithium producer Albemarle's (NYSE:ALB) evaporation ponds and is nearby Century Lithium Corp.'s (TSXV:LCE)(OTCQB:CYDVF) proposed 5,430-acre Angel Island Lithium Mine, which recently released a Positive Feasibility Study detailing a 40-year mine life and an after-tax NPV8 of