Deutsche Bank analyst David Begleiter maintained a Buy rating on Albemarle (ALB – Research Report) on June 7. The company's shares closed last Thursday at $202.17. According to TipRanks.com, Begleiter is a 5-star analyst with an average return of 7.7% and a 55.7% success rate. Begleiter covers the Basic Materials sector, focusing on stocks such as Compass Minerals International, Air Products and Chemicals, and Sherwin-Williams Company. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Albemarle with a $275.07 average price target, implying a 31.5% upside from current levels.
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