There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Albemarle (ALB – Research Report) and Incitec Pivot Limited (ICPVF – Research Report) with bullish sentiments.
Albemarle (ALB)
Berenberg Bank analyst Andres Castanos-Mollor maintained a Buy rating on Albemarle yesterday and set a price target of $160.00. The company’s shares closed last Tuesday at $131.55.
Castanos-Mollor has an average return of
According to TipRanks.com, Castanos-Mollor is ranked #6986 out of 8815 analysts.
Albemarle has an analyst consensus of Moderate Buy, with a price target consensus of $147.60, implying a 13.2% upside from current levels. In a report issued on April 30, RBC Capital also maintained a Buy rating on the stock with a $138.00 price target.
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Incitec Pivot Limited (ICPVF)
UBS analyst Nathan Reilly maintained a Buy rating on Incitec Pivot Limited today and set a price target of A$3.21. The company’s shares closed last Tuesday at $1.95.
Reilly has an average return of
According to TipRanks.com, Reilly is ranked #1620 out of 8815 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Incitec Pivot Limited with a $1.99 average price target.
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Read More on ALB:
- Albemarle Announces Quarterly Dividend
- Arcadium Lithium Stock (NYSE:ALTM): Overlooked, Undervalued Mid-Cap EV Play
- Albemarle price target lowered to $150 from $160 at Scotiabank
- Albemarle price target raised to $157 from $138 at RBC Capital
- This Week in Lithium: An Oil Giant’s Hunt for Lithium and Albemarle’s Woes
