Expert Ratings for Martin Marietta Materials
Portfolio Pulse from Benzinga Insights
Martin Marietta Materials (NYSE:MLM) received 5 analyst ratings in the last quarter with 1 bullish, 3 somewhat bullish, and 1 somewhat bearish. The average price target is $486.2, representing an upside from the current price of $474.0. This target has decreased by 2.7% from the previous target of $499.67. Analyst ratings are opinions based on financial analysis and are updated typically once per quarter.
December 12, 2023 | 1:01 pm
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POSITIVE IMPACT
Martin Marietta Materials has a majority of somewhat bullish ratings and a current average price target of $486.2, suggesting a modest upside potential from the current price of $474.0.
The average price target indicates a potential upside for MLM, which is positive for the stock. However, the decrease in the target price from the previous average could temper investor enthusiasm, leading to a moderate impact. The ratings are a mix, with a lean towards bullish sentiment, which could influence investor perception in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100