Martin Marietta Materials found using ticker (MLM) have now 20 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 410.63. With the stocks previous close at 339.6 this now indicates there is a potential upside of 20.9%. The day 50 moving average is 342.66 and the 200 moving average now moves to 366.55. The market cap for the company is $20,732m. Visit the company website at: https://www.martinmarietta.com
The potential market cap would be $25,068m 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.
