Martin Marietta Materials found using ticker (MLM) have now 19 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 525 and 365 with the average target price sitting at 445.95. Given that the stocks previous close was at 308.76 this would indicate that there is a potential upside of 44.4%. There is a 50 day moving average of 336.27 and the 200 moving average now moves to 377.3. The market capitalisation for the company is $19,256m. You can visit the company’s website by visiting: https://www.martinmarietta.com
The potential market cap would be $27,812m 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.
