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Albemarle Stock Has 30% Upside, According to 1 Wall Street Analyst
ALBAlbemarle(ALB) The Motley Fool·2024-03-18 18:48

While the estimation of just how high manufacturer Albemarle's (ALB 2.25%) stock can rise may have dipped from his previous thinking, Christopher Kapsch, an analyst at Loop Capital still sees ample upside. Trimming his previous price target of $168, Kapsch last week said he sees shares of Albemarle headed to $162, and he maintains a buy rating on the lithium company's stock.Based on the stock's Monday afternoon price of $124.18, Kapsch's price target implies an upside of about 30% over the next 12 months or ...