Vulcan Materials Company (VMC) : Zacks Investment Research ranks Vulcan Materials Company (VMC) as 3, which is a Hold recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 8 research analysts is 1.88, which indicates as a Buy.
Vulcan Materials Company (VMC) stock is expected to deviate a maximum of $12.56 from the average target price of $125.57 for the short term period. 7 Street Experts have initiated coverage on the stock with the most promising target being $140 and the most muted being $110.
For the current week, the company shares have a recommendation consensus of Buy.
Vulcan Materials Company (NYSE:VMC): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $116.80 and $115.92 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $118.76. The buying momentum continued till the end and the stock did not give up its gains. It closed at $117.61, notching a gain of 0.90% for the day. The total traded volume was 1,214,868 . The stock had closed at $116.56 on the previous day.
Vulcan Materials Company is a producer of construction aggregates (primarily crushed stone, sand and gravel) and a producer of asphalt mix and ready-mixed concrete. The Company operates 335 aggregates facilities. The Company has four segments organized around its principal product lines: Aggregates, Concrete, Asphalt Mix and Calcium. The Aggregates segment produces and sells aggregates (crushed stone, sand and gravel, sand, and other aggregates) and related products and services (transportation and other). The Company produces and sells ready-mixed concrete in Georgia, Maryland, New Mexico, Texas, Virginia, Washington D.C. and the Bahamas. The Company produces and sells asphalt mix in Arizona, California, New Mexico and Texas. The Companys Calcium segment operates a quarry at Brooksville, Florida, which provides feedstock for the ground calcium operation.