Martin Marietta Materials with ticker code (MLM) now have 21 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 480 and 350 and has a mean target at 422.95. Given that the stocks previous close was at 359.87 this now indicates there is a potential upside of 17.5%. The 50 day MA is 351.9 and the 200 day MA is 340.02. The market capitalisation for the company is $22,205m. Visit the company website at: https://www.martinmarietta.com
The potential market cap would be $26,097m based on the market concensus.
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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 for use in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries. The company also produces magnesia-based chemicals products that are used in industrial, agricultural, and environmental applications; dolomitic lime primarily to customers for steel production and soil stabilization; and cement treated materials. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. Martin Marietta Materials was founded in 1939 and is headquartered in Raleigh, North Carolina.
