Analysts Offer Insights on Materials Companies: Freeport-McMoRan (FCX) and Albemarle (ALB)
Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Freeport-McMoRan (FCX – Research Report) and Albemarle (ALB – Research Report).
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Freeport-McMoRan (FCX)
In a report issued on January 27, Sam Crittenden from RBC Capital maintained a Hold rating on Freeport-McMoRan, with a price target of $50.00. The company’s shares closed last Wednesday at $63.63.
According to TipRanks.com, Crittenden is a top 100 analyst with an average return of
Freeport-McMoRan has an analyst consensus of Strong Buy, with a price target consensus of $58.79, implying a -8.3% downside from current levels. In a report issued on January 13, TipRanks – Anthropic also downgraded the stock to Hold with a $59.00 price target.
See the top stocks recommended by analysts >>
Albemarle (ALB)
Jefferies analyst Laurence Alexander maintained a Buy rating on Albemarle yesterday and set a price target of $230.00. The company’s shares closed last Wednesday at $184.33.
According to TipRanks.com, Alexander is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Albemarle with a $172.85 average price target, a -11.5% downside from current levels. In a report issued on January 16, TipRanks – Google also upgraded the stock to Buy with a $195.00 price target.
