Martin Marietta Materials with ticker code (MLM) have now 19 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 525 and 389 with the average target price sitting at 454.16. With the stocks previous close at 328.14 this indicates there is a potential upside of 38.4%. The 50 day moving average now sits at 370.13 and the 200 moving average now moves to 385.27. The company has a market cap of $20,054m. You can visit the company’s website by visiting: https://www.martinmarietta.com
The potential market cap would be $27,756m 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.
