In a report released yesterday, Adam Seiden from Barclays maintained a Buy rating on Vulcan Materials (VMC), with a price target of $132. The company’s shares opened today at $113.68.
According to TipRanks.com, Seiden is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -10.2% and a 28.6% success rate. Seiden covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Caterpillar, and Terex Corp.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Vulcan Materials with a $129.50 average price target, a 13.9% upside from current levels. In a report released today, Deutsche Bank also maintained a Buy rating on the stock with a $125 price target.
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Vulcan Materials’ market cap is currently $14.88B and has a P/E ratio of 21.06. The company has a Price to Book ratio of 2.89.
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Vulcan Materials Co. engages in the provision of basic materials and supply for infrastructure and construction industry. It operates through the following segments: Aggregates, Asphalt, Concrete, and Calcium.
