Martin Marietta Materials Gets a Hold Rating from Barclays


Barclays analyst Adam Seiden maintained a Hold rating on Martin Marietta Materials (NYSE: MLM) yesterday and set a price target of $232. The company’s shares closed yesterday at $220.78.

According to TipRanks.com, Seiden is a 1-star analyst with an average return of -4.8% and a 35.0% success rate. Seiden covers the Industrial Goods sector, focusing on stocks such as Manitowoc Company, Terex Corp, and Agco.

Martin Marietta Materials has an analyst consensus of Moderate Buy, with a price target consensus of $239.

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The company has a one-year high of $241.33 and a one-year low of $189.27. Currently, Martin Marietta Materials has an average volume of 604.2K.

Based on the recent corporate insider activity of 78 insiders, corporate insider sentiment is negative on the stock. Earlier this month, Michael Quillen, a Director at MLM sold 3,000 shares for a total of $637,470.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Martin Marietta Materials, Inc. engages in the provision of aggregates including crushed stone, sand, and gravel through its network of quarries and distribution yards. It operates through the following geographic segments: Mid-America Group, Southeast Group, and West Group. The Mid-America Group and Southeast Group segments provide aggregates products only.

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