Albemarle (ALB) stock forecast for 2023

The forecast has been updated: November 20, 2023 5:16


Albemarle stock price online today

Analyst Target Price

266.37

Dividend Date

02.10.2023

Ex Dividend Date

14.09.2023

Last Split Factor

Last Split Date

01.01.1970

Should you buy or sell Albemarle stock stock today? What is the projected target price level for 2023? How much will it cost in 2023? Albemarle stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2023.

We predict the dynamics of the stock market value using resonant artificial intelligence systems.

Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.

Forecasts are adjusted once a day taking into account the price change of the previous day.

To date, analysts have a $266.37 target price for Albemarle stock stock.

Today 200 Day Moving Average is the resistance level (217.58 $).

50 Day Moving Average is the support level (189.96 $).




ALB Forecast for 2023

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Dec 236.23 224.90 254.38 11.59 %

The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of Albemarle stock.


Albemarle overview

Albemarle Address

4250 CONGRESS STREET, SUITE 900, CHARLOTTE, NC, US

Market Capitalization

19 953 682 000 $

EBITDA

3 615 975 000

PE Ratio

5.11

PEG Ratio

0.316

Dividend Per Share

1.59

Dividend Yield

0.0094

EPS

33.26

Quarterly Earnings Growth YOY

0.595

Quarterly Revenue Growth YOY

0.602

Trailing PE

5.11

Forward PE

9.74

EV To Revenue

5.55

EV To EBITDA

15.91

52 Week High

332.08

52 Week Low

162

50 Day Moving Average

189.96

200 Day Moving Average

217.58

Shares Outstanding

117347000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions

Albemarle stock forecast for this year


Albemarle stock forecast for Dec 2023.
Estimated Average Forecasted Albemarle Price: 236.23. Positive monthly dynamics of the instrument is expected with 11.590% volatility is expected.

Pessimistic forecast: 224.90

Optimistic: 254.38



Other Basic materials sector assets

Name Symbol Last Close Price Change
Albemarle Corp.
ALB 237.66 (17.07.2023) 1.02 %
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Martin Marietta Materials, Inc.
MLM 457.56 (14.07.2023) 0.76 %
Newmont Corp.
NEM 38.44 (23.10.2023) -0.93 %

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