Martin Marietta Materials with ticker code (MLM) have now 21 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 500 and 309 calculating the average target price we see 398.69. Given that the stocks previous close was at 338.19 this now indicates there is a potential upside of 17.9%. The 50 day MA is 348.11 and the 200 moving average now moves to 342.45. The market cap for the company is $21,591m. Company Website: https://www.martinmarietta.com
The potential market cap would be $25,454m 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 for use in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries. The company also produces magnesia-based chemicals products that are used in industrial, agricultural, and environmental applications; and dolomitic lime primarily to customers for steel production and soil stabilization. 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.
