We rank companies based on fund manager, research analyst and news sentiment
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Albemarle
ALB

$122.58
5.8%
 

About: Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the U.S. and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the U.S., Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.

Employees: 9,000

0
Funds holding %
of 6,474 funds
0
Analysts bullish %
of 32 analysts
0
News positive %
of 44 articles

Fund manager confidence

Based on 2023 Q4 SEC filings by fund managers ($100M+ AUM)

7.69% more ownership

Funds ownership: 85.02% [Q3] → 92.71% (+7.69%) [Q4]

4% more repeat investments, than reductions

Existing positions increased: 343 | Existing positions reduced: 331

8% less capital invested

Capital invested by funds: $17B [Q3] → $15.6B (-$1.33B) [Q4]

9% less funds holding

Funds holding: 973 [Q3] → 884 (-89) [Q4]

23% less call options, than puts

Call options by funds: $895M | Put options by funds: $1.16B

43% less first-time investments, than exits

New positions opened: 120 | Existing positions closed: 209

64% less funds holding in top 10

Funds holding in top 10: 11 [Q3] → 4 (-7) [Q4]

Research analyst outlook

32 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$81
34%
downside
Avg. target
$153
25%
upside
High target
$308
151%
upside

32 analyst ratings

15 positive
47%
14 neutral
44%
negative
9%
Wells Fargo
Michael Sison
18%upside
$145
Overweight
Maintained
11 Apr 2024
Berenberg
Andres Castanos Mollor
31%upside
$160
Buy
Upgraded
11 Apr 2024
Citigroup
Patrick Cunningham
10%upside
$135
Neutral
Maintained
10 Apr 2024
B of A Securities
Matthew DeYoe
27%upside
$156
Buy
Upgraded
10 Apr 2024
Loop Capital
Christopher Kapsch
32%upside
$162
Buy
Maintained
15 Mar 2024

Financial journalist opinion

Based on 44 articles about ALB published over the past 30 days