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Long

Albemarle Corp Reversal trade

NYSE:ALB   ALBEMARLE CORP
Entry level $77 = Target price $91 = Stop loss $73
Levels of Interest = $92.61
P/E ratio = 14
Short interest = 15.28%
Average Recommendation: oVERWEIGHT Average Target Price:$75.32
11 BUY
01 OVERWEIGHT
07 HOLD
03 SELL

Company profile
Albemarle Corp . is a specialty company, which engages in developing, manufacturing, and marketing of chemicals for consumer electronics, petroleum refining, utilities, packaging, construction, transportation, pharmaceuticals, crop production, food-safety, and custom chemistry services. It operates through the following segments: Lithium and Advanced Materials, Bromine Specialties, and Refining Solutions. The Lithium and Advanced Materials segment include two product categories: Lithium and PCS. The Lithium business develops and manufactures a broad range of basic lithium compounds. The Performance Catalyst Solutions division operates in three product lines: organometallics, polymer catalysts and Curatives. The Bromine Specialties segment consists of bromine and bromine-based business includes products used in fire safety solutions and other specialty chemicals applications. The Refining Solutions segment contain two product lines: clean fuels technologies, which is primarily composed of hydro processing catalysts, and heavy oil upgrading that comprises of fluidized catalytic cracking catalysts and additives. The company was founded in 1993 and is headquartered in Charlotte, NC .


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