Martin Marietta Materials – Consensus Indicates Potential 22.9% Upside

Broker Ratings
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Martin Marietta Materials found using ticker (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 calculating the average target price we see 403.82. With the stocks previous close at 328.54 this would indicate that there is a potential upside of 22.9%. The 50 day moving average now sits at 320.89 and the 200 day MA is 373.46. The market cap for the company is $20,957m. Visit the company website at: https://www.martinmarietta.com

The potential market cap would be $25,759m 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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