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Martin Marietta Materials, Inc. (MLM) [hlAlert]

Rating:
Buy MLM
up 57.13 %

Martin Marietta Materials, Inc. (MLM) rated Buy with price target $125 by Stifel

Posted on: Tuesday,  Jan 28, 2014  8:25 AM ET by Stifel

Stifel rated Buy Martin Marietta Materials, Inc. (NYSE: MLM) on 01/28/2014, when the stock price was $105.00. Since
then, Martin Marietta Materials, Inc. has gained 57.13% as of 01/27/2016's recent price of $164.99.
If you would have followed this Stifel's recommendation on MLM, you would have gained 57.13% of your investment in 729 days.

Martin Marietta Materials, Inc. is a producer of aggregates for the construction industry, including infrastructure, commercial, agricultural, and residential. The Company operates in four business segments: the Mideast Group, Southeast Group, and West Group, collectively the Aggregates business, and the Specialty Products segment. The Specialty Products segment includes the magnesia-based chemicals and dolomitic lime businesses, and the structural composites product line. During the year ended December 31, 2008, the Company?s Aggregates business accounted for 91% of the Company?s total net sales, and its Specialty Products segment accounted for 9% of the Company?s total net sales.

Stifel
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/28/2014 8:25 AM Buy
None
105.00 125.00
as of 10/17/2014
1 Week up  5.00 %
1 Month down  -8.32 %
3 Months down  -8.16 %
1 YTD up  12.10 %

(*) Stock Price at the time of the recommendation.
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