Martin Marietta Materials – Consensus Indicates Potential 2.9% Upside

Broker Ratings

Martin Marietta Materials with ticker code (MLM) now have 19 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 366.5 and 240 calculating the average target price we see 314.82. Now with the previous closing price of 305.92 this would indicate that there is a potential upside of 2.9%. The day 50 moving average is 296.44 while the 200 day moving average is 255.91. The market cap for the company is $19,679m. Find out more information at: http://www.martinmarietta.com

Martin Marietta Materials, a natural resource-based building materials company, supplies aggregates and heavy 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; 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, as well as provides road paving construction services. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. The company was founded in 1993 and is headquartered in Raleigh, North Carolina.

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