Analyst Price Target is $634.85
▲ +8.47% Upside Potential
This price target is based on 15 analysts offering 12 month price targets for Martin Marietta Materials in the last 3 months. The average price target is $634.85, with a high forecast of $737.00 and a low forecast of $515.00. The average price target represents a 8.47% upside from the last price of $585.26.
Current Consensus is
Moderate Buy
The current consensus among 15 investment analysts is to moderate buy stock in Martin Marietta Materials. This rating has held steady since November 2022, when it changed from a Buy consensus rating.
Martin Marietta Materials, Inc., 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; 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. The company was founded in 1939 and is headquartered in Raleigh, North Carolina.
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