Vulcan Materials Company (VMC) : The most positive equity analysts on Vulcan Materials Company (VMC) expects the shares to touch $148, whereas, the least positive believes that the stock will trade at $110 in the short term. The company is covered by 6 Wall Street Brokerage Firms. The average price target for shares are $127.67 with an expected fluctuation of $15.25 from the mean.
Vulcan Materials Company (VMC) : Zacks Investment Research ranks Vulcan Materials Company (VMC) as 3, which is a Hold recommendation. 3 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 7 research analysts is 2, which indicates as a Buy.
Also, Goldman Sachs maintains its rating on Vulcan Materials Company (NYSE:VMC). The global brokerage major raises the current price target from $128 per share to $146 per share. Analysts at the Goldman Sachs have a current rating of Buy on the shares. The rating by the firm was issued on June 8, 2016.
Vulcan Materials Company (NYSE:VMC): The stock opened at $113.32 on Thursday but the bulls could not build on the opening and the stock topped out at $113.32 for the day. The stock traded down to $110.68 during the day, due to lack of any buying support eventually closed down at $112.38 with a loss of -1.31% for the day. The stock had closed at $113.87 on the previous day. The total traded volume was 1,919,288 shares.
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.