▼ -12.14% Downside Potential
This price target is based on 18 analysts offering 12 month price targets for Martin Marietta Materials in the last 3 months. The average price target is $247.00, with a high forecast of $318.00 and a low forecast of $129.00. The average price target represents a -12.14% upside from the last price of $281.12.
The current consensus among 18 investment analysts is to buy stock in Martin Marietta Materials. This rating has held steady since June 2020, when it changed from a Hold consensus rating.
Martin Marietta Materials, Inc., 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.