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Goldman Sachs Maintains Martin Marietta Materials Neutral Rating (MLM)

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Goldman Sachs maintained its Martin Marietta Materials (NYSE: MLM) Neutral rating in a research report published today.

In the report, Goldman Sachs states, "We modify our 2011-12E EPS to $2.55/$4.10 from $2.65/$3.70 driven by a slower pace of aggregates volume recovery in 2011 balanced by a sharper rebound in 2012 (residential), as well as lower corporate and interest expense. We introduce 2013 EPS estimate of $6.15."

Shares of Martin Marietta Materials were at $90.65 in pre-market trading at the time of posting, reflecting no change from Tuesday's market close.

 

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