# Albemarle Corporation – Consensus ‘buy’ rating and 46.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/albemarle-corporation-consensus-buy-rating-and-46.7-upside-potential/4121127900
- Published: 2023-09-20T14:20:44+01:00
- Author: Charlotte Edwards

**Albemarle Corporation** with ticker code (ALB) now have 23 analysts in total covering
the stock. The consensus rating is pointing to ‘buy’. The range between the high
target price and low target price is between 344 and 155 calculating the mean target
price we have $266.37. Now with the previous closing price of $181.62 this would
imply there is now a potential upside of 46.7%. The 50 day moving average now sits
at $200.81 and the 200 moving average now moves to $221.39. The company has a market
capitalization of 21.12B. The stock price for the company is currently 179.99 USD

 The potential market cap would be $30,977,191,585 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 5.41, revenue per share of 82.44
and a 12.93% return on assets.

Albemarle Corporation is a global developer, manufacturer and marketer of specialty
chemicals. The Company operates through three segments: Energy Storage, Specialties
and Ketjen. The Energy Storage business contributes to the growth of clean miles
driven with electric vehicles and more efficient use of renewable energy through
grid storage. Its Specialties segment enables the prevention of fires starting in
electronic equipment, greater fuel efficiency from rubber tires and the reduction
of emissions from coal-fired power plants. The Ketjen business creates efficiency
of natural resources through more usable products from a single barrel of oil, enables
safer, greener production of alkylates used to produce more environmentally friendly
fuels, and reduced emissions through cleaner transportation fuels. It serves the
markets, such as serve include energy storage, petroleum refining, consumer electronics,
construction, automotive, lubricants, pharmaceuticals and crop protection.

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