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Analysts Offer Insights on Materials Companies: Alpek SAB de CV (OtherALPKF) and Albemarle (ALB)

Tipranks - Tipranks - Thu Feb 12, 6:58PM CST

Analysts fell to the sidelines weighing in on Alpek SAB de CV (ALPKF – Research Report) and Albemarle (ALB – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Alpek SAB de CV (ALPKF)

Alpek SAB de CV received a Hold rating and a peso10.00 price target from Morgan Stanley analyst Bruno Montanari yesterday. The company’s shares closed last Wednesday at $0.58, close to its 52-week low of $0.57.

According to TipRanks.com, Montanari is ranked #2680 out of 12109 analysts.

The the analyst consensus on Alpek SAB de CV is currently a Hold rating.

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Albemarle (ALB)

Mizuho Securities analyst John Roberts CFA maintained a Hold rating on Albemarle yesterday and set a price target of $185.00. The company’s shares closed last Wednesday at $175.43.

According to TipRanks.com, CFA is a 5-star analyst with an average return of 8.0% and a 62.4% success rate. CFA covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems. ;'>

Currently, the analyst consensus on Albemarle is a Moderate Buy with an average price target of $184.24, representing a 6.9% upside. In a report issued on January 28, J.P. Morgan also maintained a Hold rating on the stock with a $195.00 price target.

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