Materials
Construction Materials
3 companies under coverage.
Coverage
Construction Materials
Equity Research
Martin Marietta Materials Inc (MLM)
The bull case — 'Bull — Sustained Pricing Power' (8% weight) — targets $1,097, +90% vs spot. It needs the multiple to hold or expand.
Equity Research
CRH PLC ADR (CRH)
The bull case — 'Bull — Sustained Pricing Power' (8% weight) — targets $198, +85% vs spot. It needs Gross Margin to surprise to the upside.
Equity Research
Vulcan Materials Company (VMC)
The bull case — 'Bull — Sustained Pricing Power' (8% weight) — targets $547, +85% vs spot. It needs the multiple to hold or expand.