Martin Marietta Materials with ticker code (MLM) now have 18 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 285 and 185 and has a mean target at 230.33. With the stocks previous close at 202.79 this is indicating there is a potential upside of 13.6%. There is a 50 day moving average of 196.32 and the 200 day moving average is 220.85. The company has a market capitalisation of $12,853m. 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.