08:00 AM EDT, 05/11/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We increase our 12-month target price by $43 to $229, valuing ALB at 27.1x on our 2027 EPS estimate, a premium to ALB's normalized average fwd P/E during the last three years of 19.7x. We raise our 2026 EPS estimate by $9.41 to $11.48 and our 2027 EPS forecast by $2.48 to $8.46. ALB's fundamental outlook has improved materially as lithium market conditions recover from 2025's trough. Energy storage demand remains robust, due to grid modernization and renewable integration, though ALB guides to flat 2026 lithium volumes as it ramps Greenbushes CGP3 and optimizes Wodgina operations. The Specialties segment outlook strengthened on higher bromine pricing. ALB's balance sheet improved significantly following debt reduction to 1.0x net leverage, and management targets $100M-$150M in cost savings for 2026. While near-term volume growth is constrained by asset ramps, capital-light brownfield expansions and the Chile DLE project position ALB for mid-to-high single-digit growth post-2027.