Martin Marietta Materials – Consensus Indicates Potential 16.5% Upside

Broker Ratings
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Martin Marietta Materials found using ticker (MLM) have now 21 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 525 and 285 with the average target price sitting at 448.38. Now with the previous closing price of 385.01 this is indicating there is a potential upside of 16.5%. There is a 50 day moving average of 410.1 while the 200 day moving average is 381.28. The company has a market cap of $24,395m. Visit the company website at: https://www.martinmarietta.com

The potential market cap would be $28,410m 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.

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