Vulcan Materials Company

Jefferies is maintaining its Buy rating and its $51 price target on Vulcan Materials (NYSE: VMC) as estimates are lowered on the stock. Says Jefferies, in the report, “Following Vulcan's updated estimates (16 June) of the impact of its $1.1bn bond issue and $275m tender offer, we are reducing...

Jefferies, citing an announcement made by the company last Friday has lowered its price target on Vulcan Materials Company (NYSE: VMC) from $52 to $51 but maintains its Buy rating on the stock. Says Jefferies, in its report, “Vulcan's announcement on Friday (3 June) on the pricing of its $1.1bn...

In a recent report, J.P. Morgan has maintained their Neutral rating on Vulcan Materials (NYSE: VMC) after realizations that inclement spring weather could defer some shipments into 2H11. In the report, J.P. Morgan said, "The West Coast, the Mid-Atlantic, and the Southeast were hard hit, and...

J.P. Morgan is providing its initial take on Vulcan Materials Company's (NYSE: VMC) Q1 results. “Q1 EPS was -$0.50, in line with consensus, and below our -$0.38, due to a ~$15mm shortfall on the top line (vs. our estimate), as well as slightly lower EBIT margin (-670bps) than we forecast,...