Published On: Wed, Oct 19th, 2016

Upgrades And Downgrades For Martin Marietta Materials, Inc. (NYSE:MLM)


Recently stock market analysts have updated their consensus ratings on shares of Martin Marietta Materials, Inc. (NYSE:MLM).

Most recent broker ratings

10/11/2016 – Martin Marietta Materials, Inc. was downgraded to “neutral” by analysts at Goldman Sachs. They now have a USD 202 price target on the stock.

08/03/2016 – Martin Marietta Materials, Inc. had its “buy” rating reiterated by analysts at D.A. Davidson. They now have a USD 210 price target on the stock.

06/15/2016 – Martin Marietta Materials, Inc. had its “buy” rating reiterated by analysts at Bank of America Merrill Lynch.

06/09/2016 – Martin Marietta Materials, Inc. had its “overweight” rating reiterated by analysts at Alembic Global Advisors. They now have a USD 220 price target on the stock.

05/09/2016 – Martin Marietta Materials, Inc. had its “buy” rating reiterated by analysts at Stifel Nicolaus. They now have a USD 193 price target on the stock.

02/10/2016 – Martin Marietta Materials, Inc. had its “hold” rating reiterated by analysts at Jefferies. They now have a USD 140 price target on the stock.

10/02/2015 – Martin Marietta Materials, Inc. was upgraded to “buy” by analysts at Longbow Research. They now have a USD 188 price target on the stock.

07/17/2015 – Martin Marietta Materials, Inc. was upgraded to “buy” by analysts at BB&T Capital Markets. They now have a USD 185 price target on the stock.

05/13/2015 – Martin Marietta Materials, Inc. was upgraded to “positive” by analysts at Susquehanna.

02/19/2015 – Martin Marietta Materials, Inc. had its “buy” rating reiterated by analysts at Sterne Agee. They now have a USD 165 price target on the stock.

12/30/2014 – Martin Marietta Materials, Inc. was upgraded to “neutral” by analysts at Zacks. They now have a USD 112.9 price target on the stock.

02/18/2014 – Martin Marietta Materials, Inc. was upgraded to “outperform” by analysts at CJS Securities.

01/27/2014 – Martin Marietta Materials, Inc. was downgraded to “sell” by analysts at Ned Davis Research.

Martin Marietta Materials, Inc. has a 50 day moving average of 178.22 and a 200 day moving average of 184.12. The stock’s market capitalization is 11.31B, it has a 52-week low of 108.31 and a 52-week high of 206.36.

The share price of the company (NYSE:MLM) was up +0.58% during the last trading session, with a high of 178.83 and the volume of Martin Marietta Materials, Inc. shares traded was 678570.

Martin Marietta Materials, Inc. is a supplier of aggregates products (crushed stone, sand and gravel) for the construction industry, used for the construction of infrastructure, non-residential, and residential projects. The Company operates through three businesses: Aggregates Business, Cement Business and Magnesia Specialties Business. The Company conducts its Aggregates business through three segments: the Mid-America Group, Southeast Group, and West Group. The Company’s Cement business operates through the Cement segment. The Company’s Magnesia Specialties segment includes its magnesia-based chemicals and dolomitic lime businesses. Its Aggregates Business is engaged in mining, processing and selling granite, limestone, sand, gravel and other aggregate products. Its Cement business is engaged in producing Portland and specialty cements. In addition, aggregates products are used for railroad ballast and in agricultural, utility and environmental applications.