numis Reconfirms GBX 2800.00 Target Price per Share On Smurfit Kappa Group (LON:SKG), Reconfirms Add Rating; Hightower Advisors Has Lowered By $726,110 Its Martin Marietta Matls (MLM) Holding

In an analyst note released on today, numis reiterated their Add rating on Smurfit Kappa Group (LON:SKG)‘s stock. The PT suggests a potential downside of -8.85% from company’s previous close.

Hightower Advisors Llc decreased Martin Marietta Matls Inc (MLM) stake by 31.62% reported in 2017Q3 SEC filing. Hightower Advisors Llc sold 3,542 shares as Martin Marietta Matls Inc (MLM)’s stock rose 4.98%. The Hightower Advisors Llc holds 7,660 shares with $1.58 million value, down from 11,202 last quarter. Martin Marietta Matls Inc now has $12.92B valuation. The stock increased 0.14% or $0.29 during the last trading session, reaching $205.71. About 61,575 shares traded. Martin Marietta Materials, Inc. (NYSE:MLM) has risen 23.49% since March 6, 2017 and is uptrending. It has outperformed by 6.79% the S&P500.

Smurfit Kappa Group plc, together with its subsidiaries, makes, distributes, and sells paper packaging products. The company has market cap of 7.54 billion GBP. The firm operates through two divisions, Europe and the Americas. It has a 14.19 P/E ratio. It offers containerboards, corrugated containers, and other paper packaging products, such as solid boards, graphic boards, and bag-in-box.

The stock increased 20.85% or GBX 530 during the last trading session, reaching GBX 3072. About 2.63 million shares traded or 336.60% up from the average. Smurfit Kappa Group plc (LON:SKG) has 0.00% since March 6, 2017 and is . It has underperformed by 16.70% the S&P500.

Among 4 analysts covering Smurfit Kappa Group (LON:SKG), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Smurfit Kappa Group has GBX 3000 highest and GBX 30 lowest target. GBX 2845’s average target is -7.39% below currents GBX 3072 stock price. Smurfit Kappa Group had 33 analyst reports since February 1, 2016 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, May 10 by Deutsche Bank. The firm has “Hold” rating given on Thursday, February 9 by Jefferies. The firm has “Add” rating given on Monday, January 29 by Numis Securities. The company was maintained on Thursday, January 12 by Jefferies. Deutsche Bank maintained the shares of SKG in report on Monday, August 14 with “Buy” rating. The firm has “Conviction Buy” rating by Goldman Sachs given on Friday, September 2. The stock has “Buy” rating by Deutsche Bank on Tuesday, June 28. Jefferies maintained Smurfit Kappa Group plc (LON:SKG) rating on Monday, November 27. Jefferies has “Buy” rating and GBX 2930 target. Jefferies maintained the shares of SKG in report on Thursday, November 2 with “Buy” rating. Jefferies maintained the stock with “Buy” rating in Thursday, May 18 report.

Among 13 analysts covering Martin Marietta (NYSE:MLM), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. Martin Marietta had 31 analyst reports since August 5, 2015 according to SRatingsIntel. The company was maintained on Wednesday, January 17 by Jefferies. Jefferies maintained Martin Marietta Materials, Inc. (NYSE:MLM) rating on Monday, August 21. Jefferies has “Hold” rating and $166.0 target. The firm has “Buy” rating by Citigroup given on Thursday, January 25. On Monday, February 12 the stock rating was maintained by SunTrust with “Buy”. The stock of Martin Marietta Materials, Inc. (NYSE:MLM) has “Buy” rating given on Tuesday, February 13 by Jefferies. Cleveland upgraded the shares of MLM in report on Monday, April 3 to “Buy” rating. Citigroup maintained Martin Marietta Materials, Inc. (NYSE:MLM) on Monday, October 9 with “Buy” rating. The stock has “Neutral” rating by Bank of America on Wednesday, November 16. As per Wednesday, January 3, the company rating was maintained by Stephens. As per Tuesday, October 11, the company rating was downgraded by Goldman Sachs.

Investors sentiment increased to 1.28 in Q3 2017. Its up 0.30, from 0.98 in 2017Q2. It increased, as 40 investors sold MLM shares while 130 reduced holdings. 53 funds opened positions while 165 raised stakes. 59.73 million shares or 1.72% more from 58.73 million shares in 2017Q2 were reported. Canada Pension Plan Invest Board invested in 0.05% or 115,396 shares. Liberty Mutual Group Inc Asset Management reported 2,536 shares. Tdam Usa owns 0.46% invested in Martin Marietta Materials, Inc. (NYSE:MLM) for 37,844 shares. Comm State Bank holds 0.01% or 4,308 shares in its portfolio. Bokf Na owns 2,257 shares. Caxton Limited Partnership accumulated 15,000 shares or 0.11% of the stock. Fiduciary Fincl Of The Southwest Inc Tx reported 11,174 shares. Sumitomo Life Insurance Communication holds 7,869 shares. 92,206 are owned by Savings Bank Of Montreal Can. Thrivent Finance For Lutherans invested in 55,546 shares or 0.04% of the stock. Whittier holds 101 shares or 0% of its portfolio. 56,000 are held by Nokota L P. Weik Invest Svcs invested in 1.1% or 11,185 shares. Utd Svcs Automobile Association reported 19,429 shares. Gamco Invsts Et Al stated it has 0% of its portfolio in Martin Marietta Materials, Inc. (NYSE:MLM).

Hightower Advisors Llc increased Coresite Rlty Corp (NYSE:COR) stake by 5,126 shares to 13,699 valued at $1.53 million in 2017Q3. It also upped Exelixis Inc (NASDAQ:EXEL) stake by 20,330 shares and now owns 31,930 shares. Usa Technologies Inc (NASDAQ:USAT) was raised too.

Analysts await Martin Marietta Materials, Inc. (NYSE:MLM) to report earnings on May, 1. They expect $0.54 EPS, down 19.40% or $0.13 from last year’s $0.67 per share. MLM’s profit will be $33.91 million for 95.24 P/E if the $0.54 EPS becomes a reality. After $1.88 actual EPS reported by Martin Marietta Materials, Inc. for the previous quarter, Wall Street now forecasts -71.28% negative EPS growth.

Since February 14, 2018, it had 0 insider purchases, and 1 insider sale for $642,000 activity. Another trade for 3,000 shares valued at $642,000 was made by PEREZ LAREE E on Wednesday, February 14.