Albemarle (ALB) Earns News Impact Rating of 0.10

Press coverage about Albemarle (NYSE:ALB) has been trending somewhat positive this week, Accern reports. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Albemarle earned a news impact score of 0.10 on Accern’s scale. Accern also assigned news headlines about the specialty chemicals company an impact score of 45.3209792679674 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:

Shares of Albemarle (NYSE:ALB) traded down $1.57 during mid-day trading on Wednesday, reaching $113.01. 1,780,000 shares of the company’s stock traded hands, compared to its average volume of 2,490,000. The company has a quick ratio of 1.56, a current ratio of 2.11 and a debt-to-equity ratio of 0.35. The firm has a market cap of $12,490.00, a P/E ratio of 40.36, a P/E/G ratio of 1.48 and a beta of 1.56. Albemarle has a 52-week low of $91.02 and a 52-week high of $144.99.

ALB has been the topic of several recent analyst reports. Robert W. Baird raised shares of Albemarle from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $131.72 to $133.51 in a research note on Monday, January 8th. Deutsche Bank lowered shares of Albemarle from a “buy” rating to a “hold” rating in a research note on Tuesday, November 14th. Oppenheimer reissued a “buy” rating on shares of Albemarle in a research note on Wednesday, January 17th. Jefferies Group reduced their price objective on shares of Albemarle to $150.00 and set a “buy” rating on the stock in a research note on Friday, January 19th. Finally, BMO Capital Markets initiated coverage on shares of Albemarle in a research note on Tuesday, October 24th. They set an “outperform” rating and a $160.00 price objective on the stock. Ten equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Albemarle currently has a consensus rating of “Buy” and a consensus price target of $128.88.

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Albemarle Company Profile

Albemarle Corporation is a global developer, manufacturer and marketer of highly-engineered specialty chemicals. The Company operates through three segments: Lithium and Advanced Materials, Bromine Specialties and Refining Solutions. Lithium and Advanced Materials segment consist of two product categories: Lithium and Performance Catalyst Solutions.

Insider Buying and Selling by Quarter for Albemarle (NYSE:ALB)

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