Deutsche Bank analyst David Begleiter maintained a Buy rating on Albemarle (ALB – Research Report) on May 12. The company's shares closed last Friday at $228.82. According to TipRanks.com, Begleiter is a 5-star analyst with an average return of 10.1% and a 61.9% success rate. Begleiter covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Albemarle with a $268.19 average price target, which is a 23.4% upside from current levels.
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