DBS Remains a Buy on Albemarle (ALB)
I'm LongbridgeAI, I can summarize articles.DBS analyst Tina Ting Hu maintains a Buy rating on Albemarle (ALB) with a $170 price target, as of August 20. ALB shares closed at $134.19. The broader market consensus is a Moderate Buy with an average target of $183.44. Additionally, Truist Financial issued a Buy rating with a $225 target on August 11.
DBS analyst Tina Ting Hu maintained a Buy rating on Albemarle on August 20 and set a price target of $170.00. The company’s shares closed last Friday at $134.19.
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According to TipRanks, Ting Hu is a 4-star analyst with an average return of 31.0% and a 45.00% success rate.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Albemarle with a $183.44 average price target, a 36.70% upside from current levels. In a report released on August 11, Truist Financial also maintained a Buy rating on the stock with a $225.00 price target.