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Jefferies Remains a Buy on Albemarle (ALB)

Jefferies Remains a Buy on Albemarle (ALB)

Business Insider14 hours ago

Jefferies analyst Laurence Alexander maintained a Buy rating on Albemarle (ALB – Research Report) today and set a price target of $85.00. The company's shares opened today at $61.20.
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Alexander covers the Basic Materials sector, focusing on stocks such as Ashland, Eastman Chemical, and PPG Industries. According to TipRanks, Alexander has an average return of -2.0% and a 46.14% success rate on recommended stocks.
In addition to Jefferies, Albemarle also received a Buy from Bank of America Securities's Rock Hoffman in a report issued on June 9. However, yesterday, Berenberg Bank maintained a Hold rating on Albemarle (NYSE: ALB).

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