Martin Marietta Materials found using ticker (MLM) have now 19 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 500 and 309 and has a mean target at 408.32. Given that the stocks previous close was at 323.12 this would imply there is a potential upside of 26.4%. The day 50 moving average is 320.73 and the 200 moving average now moves to 374.07. The market cap for the company is $20,291m. You can visit the company’s website by visiting: https://www.martinmarietta.com
The potential market cap would be $25,642m 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.
