Martin Marietta Materials with ticker code (MLM) now have 19 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 510 and 365 and has a mean target at 434.42. Now with the previous closing price of 300.64 this would indicate that there is a potential upside of 44.5%. The day 50 moving average is 329.53 and the 200 day MA is 375.88. The market cap for the company is $19,204m. Visit the company website at: https://www.martinmarietta.com
The potential market cap would be $27,749m 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.