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Analysts Are Bullish on These Materials Stocks: Martin Marietta Materials (MLM), International Flavors & Fragrances (IFF)

Tipranks - Tipranks - Tue Jun 2, 4:28AM CDT

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Martin Marietta Materials (MLM) and International Flavors & Fragrances (IFF) with bullish sentiments.

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Martin Marietta Materials (MLM)

Barclays analyst Adam Seiden maintained a Buy rating on Martin Marietta Materials today and set a price target of $640.00. The company’s shares closed last Friday at $581.64.

According to TipRanks.com, Seiden is a 5-star analyst with an average return of 12.6% and a 60.2% success rate. Seiden covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Legence Corp. Class A, and Manitowoc Company. ;'>

Currently, the analyst consensus on Martin Marietta Materials is a Moderate Buy with an average price target of $676.49.

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International Flavors & Fragrances (IFF)

In a report released today, Lauren Lieberman from Barclays maintained a Buy rating on International Flavors & Fragrances, with a price target of $90.00. The company’s shares closed last Friday at $76.05.

According to TipRanks.com, Lieberman is a 4-star analyst with an average return of 4.1% and a 56.5% success rate. Lieberman covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, The Estée Lauder Companies, and Edgewell Personal Care. ;'>

International Flavors & Fragrances has an analyst consensus of Strong Buy, with a price target consensus of $92.48, which is a 15.0% upside from current levels. In a report issued on May 21, TipRanks – PerPlexity also upgraded the stock to Buy with a $80.00 price target.

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