KeyBanc Capital Markets has revised its price target for Albemarle (ALB, Financial) from $122 to $102 while maintaining an Overweight rating for the stock. This change comes as the firm anticipates that the impact of tariffs, observed in April and May, will play a significant role in shaping the outlook of chemical companies during the first quarter earnings reports. Key areas of interest are expected to include companies' exposure to U.S. imports of raw materials from countries affected by high tariffs and strategies to counteract increased costs through pricing adjustments.
The firm's analysis suggests that while first quarter results and guidance for 2025 have become somewhat less critical, the broader economic context is shifting. KeyBanc foresees early signs of weakening demand across the sector, with indicators pointing to a downturn in March that may have only partially improved in April. These evolving conditions are likely to be central to discussions during the upcoming earnings season.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 25 analysts, the average target price for Albemarle Corp (ALB, Financial) is $93.66 with a high estimate of $155.00 and a low estimate of $60.00. The average target implies an upside of 65.27% from the current price of $56.67. More detailed estimate data can be found on the Albemarle Corp (ALB) Forecast page.
Based on the consensus recommendation from 29 brokerage firms, Albemarle Corp's (ALB, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Albemarle Corp (ALB, Financial) in one year is $109.79, suggesting a upside of 93.74% from the current price of $56.67. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Albemarle Corp (ALB) Summary page.
