Eagle Materials Inc. Sets New 1-Year High at $81.01 (EXP)
Eagle Materials (NYSE:EXP) set a new 52-week high during mid-day trading on Wednesday, AmericanBankingNews.com reports. The stock traded as high as $81.01 and last traded at $80.90, with a volume of 462,410 shares. The stock had previously closed at $79.52.
Separately, analysts at DA Davidson upgraded shares of Eagle Materials from a “neutral” rating to a “buy” rating in a research note to investors on Friday, November 1st. They now have a $95.00 price target on the stock, up previously from $75.00. One equities research analyst has rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $85.32.
Eagle Materials has a 1-year low of $59.08 and a 1-year high of $79.91. The stock has a 50-day moving average of $75.59 and a 200-day moving average of $72.27. The company has a market cap of $4.039 billion and a price-to-earnings ratio of 41.37.
Eagle Materials Inc (NYSE:EXP) is engaged in the manufacture and distribution of gypsum wallboard and the manufacture and sale of cement.
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