Martin Marietta Materials with ticker code (MLM) now have 21 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 525 and 285 with a mean TP of 449.71. Given that the stocks previous close was at 419.33 this now indicates there is a potential upside of 7.2%. The 50 day moving average now sits at 424.29 and the 200 moving average now moves to 376.83. The company has a market capitalisation of $26,361m. You can visit the company’s website by visiting: https://www.martinmarietta.com
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 used in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries. The company also manufactures and markets magnesia-based chemical products for the industrial, agricultural, and environmental applications; and dolomitic lime primarily for customers in the steel and mining industries. 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.
