Owens Corning (OC) Gets a Buy from Barclays
Barclays analyst Matthew Bouley maintained a Buy rating on Owens Corning today and set a price target of $130.00.
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Bouley covers the Industrials sector, focusing on stocks such as Advanced Drainage Systems, Builders Firstsource, and SiteOne Landscape Supply. According to TipRanks, Bouley has an average return of 14.8% and a 60.82% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Owens Corning with a $143.09 average price target.
Based on Owens Corning’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.68 billion and a GAAP net loss of $494 million. In comparison, last year the company earned a revenue of $3.05 billion and had a net profit of $321 million
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- Owens Corning raises quarterly dividend 15% to 79c per share
- Owens Corning price target lowered to $117 from $121 at Evercore ISI
- Owens Corning price target lowered to $113 from $157 at JPMorgan
- Owens Corning price target lowered to $134 from $166 at Deutsche Bank
- Owens Corning price target lowered to $121 from $151 at Evercore ISI
