Owens Corning (OC) Gets a Hold from J.P. Morgan
In a report released today, Michael Rehaut from J.P. Morgan maintained a Hold rating on Owens Corning, with a price target of $113.00.
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According to TipRanks, Rehaut is a 4-star analyst with an average return of 6.1% and a 54.82% success rate. Rehaut covers the Consumer Cyclical sector, focusing on stocks such as Toll Brothers, LGI Homes, and DR Horton.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Owens Corning with a $137.36 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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Disclaimer & DisclosureReport an Issue
- Owens Corning promotes Jose Mendez-Andino to chief innovation officer
- Owens Corning price target lowered to $130 from $150 at Wells Fargo
- Owens Corning price target lowered to $130 from $131 at Barclays
- Owens Corning raises quarterly dividend 15% to 79c per share
- Owens Corning price target lowered to $117 from $121 at Evercore ISI
