Martin Marietta Materials found using ticker (MLM) have now 21 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 525 and 285 with a mean TP of 448.38. Now with the previous closing price of 390.56 this is indicating there is a potential upside of 14.8%. There is a 50 day moving average of 417.14 while the 200 day moving average is 380.01. The company has a market capitalisation of $24,140m. Find out more information at: https://www.martinmarietta.com
The potential market cap would be $27,714m based on the market concensus.
Martin Marietta Materials, a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally. It offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; and Portland and specialty cement used in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries. The company also manufactures and markets magnesia-based chemical products for the industrial, agricultural, and environmental applications; and dolomitic lime primarily for customers in the steel and mining industries. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. The company was founded in 1939 and is headquartered in Raleigh, North Carolina.
