AllAnalyst Report
logoArgusFebruary 22, 2021

Albemarle Corporation: Raising target to $177

Symbols
ALB
Sector(s)
Basic Materials
Rating
Current Price
$114.98
Price Target
Earnings Estimate
Summary

Albemarle is a global manufacturer of highly engineered specialty chemicals that are used by customers in a wide range of markets. The company became a top manufacturer of lithium (used in a number of industries but particularly for batteries in electric cars) through its January 2015 acquisition of Rockwood Holdings. Its ot

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Analyst Profile

William V. Selesky

Senior Analyst: Basic Materials
Bill covers the Basic Materials sector for Argus. He has worked in the investment business for over 15 years, including positions as a senior equity analyst for firms such as Palisade Capital Management, PaineWebber/Mitchell Hutchins Asset Management and John Hsu Capital Group. He has provided coverage on groups including Consumer Staples, Consumer Discretionary, Energy, Media, Transportation, Gaming and Utilities. At PaineWebber, he also served as part of a team that managed $9 billion in active equity products. Prior to working in the investment field, Bill spent eight years as a credit analyst at American Express Company and five years as an analyst at Equifax Services. Bill has a Masters of Business Administration degree in Investment Finance from Pace University, and a Bachelor of Science degree in Economics from Fordham University.