Martin Marietta Materials – Consensus Indicates Potential 19.2% Upside

Broker Ratings
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Martin Marietta Materials with ticker code (MLM) have now 19 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 500 and 309 with a mean TP of 410.66. With the stocks previous close at 344.51 this is indicating there is a potential upside of 19.2%. There is a 50 day moving average of 335.43 and the 200 moving average now moves to 369.48. The company has a market cap of $21,688m. Visit the company website at: https://www.martinmarietta.com

The potential market cap would be $25,852m 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.

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