Martin Marietta Materials – Consensus Indicates Potential 4.5% Upside

Broker Ratings

Martin Marietta Materials with ticker code (MLM) have now 18 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 319 and 220 calculating the average target price we see 281.44. Given that the stocks previous close was at 269.36 this would indicate that there is a potential upside of 4.5%. The 50 day MA is 260.79 and the 200 moving average now moves to 221.37. The company has a market capitalisation of $16,786m. Find out more information at: http://www.martinmarietta.com

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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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