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Analysts’ Opinions Are Mixed on These Materials Stocks: Martin Marietta Materials (MLM) and Avient (AVNT)

Tipranks - Mon May 11, 9:00AM CDT

Analysts have been eager to weigh in on the Materials sector with new ratings on Martin Marietta Materials (MLM) and Avient (AVNT).

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Martin Marietta Materials (MLM)

In a report released today, Steven Fisher from UBS maintained a Buy rating on Martin Marietta Materials, with a price target of $739.00. The company’s shares closed last Friday at $590.38.

According to TipRanks.com, Fisher is ranked #1493 out of 12245 analysts.

Martin Marietta Materials has an analyst consensus of Moderate Buy, with a price target consensus of $692.69, implying a 14.9% upside from current levels. In a report issued on April 27, Raymond James also maintained a Buy rating on the stock with a $690.00 price target.

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Avient (AVNT)

In a report issued on May 8, Vincent Andrews from Morgan Stanley maintained a Hold rating on Avient, with a price target of $52.00. The company’s shares closed last Friday at $36.89, close to its 52-week low of $36.68.

According to TipRanks.com, Andrews is a 3-star analyst with an average return of 1.8% and a 55.8% success rate. Andrews covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Cf Industries Holdings. ;'>

Avient has an analyst consensus of Moderate Buy, with a price target consensus of $47.25, representing a 30.3% upside. In a report issued on April 23, TipRanks – xAI also reiterated a Hold rating on the stock with a $42.00 price target.

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