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A Quick Look at Today's Ratings for Martin Marietta Materials(MLM.US), With a Forecast Between $645 to $700

Futu News ·  Nov 1 21:00  · Ratings

On Nov 01, major Wall Street analysts update their ratings for $Martin Marietta Materials (MLM.US)$, with price targets ranging from $645 to $700.

Barclays analyst Adam Seiden maintains with a buy rating, and maintains the target price at $645.

Jefferies analyst Philip Ng maintains with a buy rating, and adjusts the target price from $635 to $700.

Loop Capital analyst Garik Shmois maintains with a buy rating, and adjusts the target price from $600 to $680.

Truist Financial analyst Keith Hughes maintains with a buy rating.

Stephens analyst Trey Grooms maintains with a buy rating, and adjusts the target price from $610 to $675.

Furthermore, according to the comprehensive report, the opinions of $Martin Marietta Materials (MLM.US)$'s main analysts recently are as follows:

  • The third quarter outcomes and projections for Martin Marietta were largely anticipated, as forecasts had been adjusted suitably earlier in the quarter with the foresight that severe weather conditions in Texas and the Southeast would precipitate a quarter and guidance below expectations. Despite reduced revenues and premeditated inventory reductions, the company managed to deliver a positive surprise in aggregates gross margin based on factors within its control.

Here are the latest investment ratings and price targets for $Martin Marietta Materials (MLM.US)$ from 6 analysts:

StockTodayLatestRating_nn_202094_20241101_en

Note:

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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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