Information Provided By: 
Fly News Breaks for November 15, 2019
ALB
Nov 15, 2019 | 08:39 EDT
Albemarle's current share price implies 13.3 times estimated 2020 lithium EBITDA, but only 8.7 times on 2021 estimates, Jefferies analyst Laurence Alexander tells investors in a research note. The analyst says his leveraged buyout model implies an $89 fair value for shares in 12-18 months. However, industry behavior and regulatory trends "suggest this could prove conservative," contends Alexander. The analyst keeps a Buy rating on Albemarle with an $83 price target.
News For ALB From the Last 2 Days
There are no results for your query ALB
