- Vulcan Materials (VMC, Financial) stock gets a boost following an upgrade from UBS.
- Analysts see a promising outlook driven by construction and infrastructure growth.
- Current recommendations suggest an "Outperform" status for VMC.
Vulcan Materials Co. (VMC) experienced a 1.8% uptick in its stock price after UBS upgraded its rating from Neutral to Buy. The investment firm also raised its price target from $280 to $318, citing potential growth in non-residential construction and infrastructure investments. These factors are expected to lead to increased aggregate volumes and margin expansion.
Wall Street Analysts Forecast
According to projections from 23 analysts, the average target price for Vulcan Materials Co. (VMC, Financial) stands at $296.77. The high estimate reaches $325.00, while the low estimate is set at $184.78. This average price target suggests an upside of 7.67% from the current stock price of $275.64. For more in-depth price target data, investors can refer to the Vulcan Materials Co (VMC) Forecast page.
The consensus recommendation from 26 brokerage firms places Vulcan Materials Co. (VMC, Financial) with an average brokerage recommendation of 2.0, indicating an "Outperform" rating. The recommendation scale ranges from 1 to 5, where 1 is equivalent to a Strong Buy, and 5 signifies a Sell.
Evaluating the GF Value metric provided by GuruFocus, the estimated value for Vulcan Materials Co. (VMC, Financial) in one year is $246.82. This suggests a downside of 10.46% from the current price of $275.64. GF Value is a calculated estimate reflecting what the stock should ideally trade at, based on its historical price multiples, past growth, and future business performance expectations. More comprehensive details are available on the Vulcan Materials Co (VMC) Summary page.
