Citi initiates coverage of Albemarle at 'buy' with a price target of $260.00

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Citi initiates coverage of Albemarle at 'buy' with a price target of $260.00

An analyst from Citi initiated coverage of Albemarle (NYSE: ALB ) at 'buy' with a price target of $260.00.

Prior to this rating, Albemarle had 17 buy ratings, 6 hold ratings, and 2 sell ratings.

For consensus analyst estimates and price targets on Albemarle, click here. For more news on Albemarle, click here.

Albemarle's stock price closed at $228.84. They are up 11.27% in the last month and up 2.47% in the last 12 months.

According to Investing Pro, Albemarle's fair value is $259.58, an upside of 13.65%. Albemarle's fair value comes with a medium degree of uncertainty, according to InvestingPro.

Check out Albemarle's recent earnings performance and financials here.

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