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Analysts Are Bullish on Top Materials Stocks: Martin Marietta Materials (MLM), Sociedad Quimica Y Minera SA (SQM)

Tipranks - Tue Mar 3, 7:33AM CST

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Martin Marietta Materials (MLMResearch Report) and Sociedad Quimica Y Minera SA (SQMResearch Report) with bullish sentiments.

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Martin Marietta Materials (MLM)

In a report released today, Keith Hughes from Truist Financial maintained a Buy rating on Martin Marietta Materials. The company’s shares closed last Friday at $676.57.

According to TipRanks.com, Hughes is a 5-star analyst with an average return of 20.7% and a 67.1% success rate. Hughes covers the Industrial Goods sector, focusing on stocks such as Fortune Brands Innovations, SiteOne Landscape Supply, and Builders Firstsource. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Martin Marietta Materials with a $703.91 average price target, representing a 4.7% upside. In a report issued on February 25, TipRanks – OpenAI also upgraded the stock to Buy with a $759.00 price target.

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Sociedad Quimica Y Minera SA (SQM)

Scotiabank analyst Ben Isaacson maintained a Buy rating on Sociedad Quimica Y Minera SA today and set a price target of $90.00. The company’s shares closed last Friday at $76.30.

According to TipRanks.com, Isaacson is a 4-star analyst with an average return of 6.8% and a 48.8% success rate. Isaacson covers the Basic Materials sector, focusing on stocks such as Lithium Americas Corp., Cf Industries Holdings, and West Fraser Timber Co. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sociedad Quimica Y Minera SA with a $79.29 average price target.

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