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Analysts’ Top Materials Picks: Martin Marietta Materials (MLM), Cleveland-Cliffs (CLF)

Tipranks - Tue Mar 3, 5:56AM CST

Analysts fell to the sidelines weighing in on Martin Marietta Materials (MLMResearch Report) and Cleveland-Cliffs (CLFResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Martin Marietta Materials (MLM)

In a report released today, Michael Feniger from Bank of America Securities maintained a Hold rating on Martin Marietta Materials, with a price target of $703.00. The company’s shares closed last Friday at $676.57.

According to TipRanks.com, Feniger is a 4-star analyst with an average return of 9.0% and a 61.5% success rate. Feniger covers the Industrial Goods sector, focusing on stocks such as Construction Partners, Waste Connections, and Republic Services. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Martin Marietta Materials with a $704.42 average price target, which is a 4.7% upside from current levels. In a report issued on February 26, RBC Capital also maintained a Hold rating on the stock with a $630.00 price target.

See the top stocks recommended by analysts >>

Cleveland-Cliffs (CLF)

Wells Fargo analyst Timna Tanners maintained a Hold rating on Cleveland-Cliffs today and set a price target of $12.00. The company’s shares closed last Friday at $10.66, close to its 52-week low of $8.48.

According to TipRanks.com, Tanners is a 4-star analyst with an average return of 3.8% and a 55.6% success rate. Tanners covers the Basic Materials sector, focusing on stocks such as Commercial Metals Company, Martin Marietta Materials, and Knife River Corporation. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Cleveland-Cliffs with a $13.16 average price target, which is a 21.0% upside from current levels. In a report issued on February 15, TipRanks – xAI also upgraded the stock to Hold with a $10.00 price target.

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