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Martin Marietta Materials

MLMNYSE
Logo brought to you by Benzinga Data
$546.29
-2.42-0.44%
At Close: -
$546.29
00.00%
After Hours: Sep 20, 4:39 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$737.00
Lowest Price Target1
$350.00
Consensus Price Target1
$555.30

Martin Marietta Materials (NYSE:MLM) Stock, Analyst Ratings, Price Targets, Forecasts

Martin Marietta Materials Inc has a consensus price target of $555.3 based on the ratings of 21 analysts. The high is $737 issued by Goldman Sachs on April 16, 2024. The low is $350 issued by Atlantic Equities on January 24, 2023. The 3 most-recent analyst ratings were released by Morgan Stanley, Loop Capital, and Citigroup on August 26, 2024, August 13, 2024, and August 12, 2024, respectively. With an average price target of $639.33 between Morgan Stanley, Loop Capital, and Citigroup, there's an implied 17.03% upside for Martin Marietta Materials Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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0
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0
Apr
0
0
0
0
Jul
2
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
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3.6
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Morgan Stanley
Loop Capital
Citigroup
Stephens & Co.
Truist Securities

1calculated from analyst ratings

Analyst Ratings for Martin Marietta Materials

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Martin Marietta Materials (MLM) stock?

A

The latest price target for Martin Marietta Materials (NYSE:MLM) was reported by Morgan Stanley on August 26, 2024. The analyst firm set a price target for $657.00 expecting MLM to rise to within 12 months (a possible 20.27% upside). 29 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Martin Marietta Materials (MLM)?

A

The latest analyst rating for Martin Marietta Materials (NYSE:MLM) was provided by Morgan Stanley, and Martin Marietta Materials maintained their overweight rating.

Q

When was the last upgrade for Martin Marietta Materials (MLM)?

A

The last upgrade for Martin Marietta Materials Inc happened on February 22, 2024 when HSBC raised their price target to $543. HSBC previously had a reduce for Martin Marietta Materials Inc.

Q

When was the last downgrade for Martin Marietta Materials (MLM)?

A

The last downgrade for Martin Marietta Materials Inc happened on March 22, 2024 when JP Morgan changed their price target from $530 to $600 for Martin Marietta Materials Inc.

Q

When is the next analyst rating going to be posted or updated for Martin Marietta Materials (MLM)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Martin Marietta Materials, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Martin Marietta Materials was filed on August 26, 2024 so you should expect the next rating to be made available sometime around August 26, 2025.

Q

Is the Analyst Rating Martin Marietta Materials (MLM) correct?

A

While ratings are subjective and will change, the latest Martin Marietta Materials (MLM) rating was a maintained with a price target of $610.00 to $657.00. The current price Martin Marietta Materials (MLM) is trading at is $546.29, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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