Martin Marietta Materials – Consensus Indicates Potential -2.7% Downside

Broker Ratings

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 366.5 and 275 with the average target price sitting at 334.82. With the stocks previous close at 344.06 this now indicates there is a potential downside of -2.7%. The 50 day MA is 334.92 and the 200 day moving average is 288.1. The company has a market cap of $21,002m. Find out more information at: http://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.

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