Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Martin Marietta Materials Inc has a consensus price target of $574.29 based on the ratings of 22 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 Raymond James, Citigroup, and Morgan Stanley on January 16, 2025, January 6, 2025, and December 17, 2024, respectively. With an average price target of $617.33 between Raymond James, Citigroup, and Morgan Stanley, there's an implied 14.43% upside for Martin Marietta Materials Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Martin Marietta Materials (NYSE:MLM) was reported by Raymond James on January 16, 2025. The analyst firm set a price target for $630.00 expecting MLM to rise to within 12 months (a possible 16.78% upside). 31 analyst firms have reported ratings in the last year.
The latest analyst rating for Martin Marietta Materials (NYSE:MLM) was provided by Raymond James, and Martin Marietta Materials maintained their outperform rating.
The last upgrade for Martin Marietta Materials Inc happened on November 27, 2024 when JP Morgan raised their price target to $640. JP Morgan previously had a neutral for Martin Marietta Materials Inc.
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.
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 January 16, 2025 so you should expect the next rating to be made available sometime around January 16, 2026.
While ratings are subjective and will change, the latest Martin Marietta Materials (MLM) rating was a maintained with a price target of $640.00 to $630.00. The current price Martin Marietta Materials (MLM) is trading at is $539.48, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.