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A Quick Look at Today's Ratings for Owens-Corning(OC.US), With a Forecast Between $192 to $224

Futu News ·  Nov 7 21:00  · Ratings

On Nov 07, major Wall Street analysts update their ratings for $Owens-Corning (OC.US)$, with price targets ranging from $192 to $224.

BofA Securities analyst Rafe Jadrosich maintains with a buy rating, and adjusts the target price from $220 to $224.

Barclays analyst Matthew Bouley maintains with a hold rating, and adjusts the target price from $180 to $192.

Wells Fargo analyst Sam Reid maintains with a hold rating, and adjusts the target price from $175 to $195.

RBC Capital analyst Michael Dahl maintains with a buy rating, and adjusts the target price from $213 to $217.

Furthermore, according to the comprehensive report, the opinions of $Owens-Corning (OC.US)$'s main analysts recently are as follows:

  • Owens Corning's Q3 adjusted EPS surpassed expectations, supported by stronger margins. The company's guidance for mid-teens EBIT margin in Q4 aligns with expectations and may appear cautious.

  • Owens Corning continues to demonstrate strong margins in both Roofing and Insulation, despite experiencing volume pressure in the Door category. There is also a presence of near-term volume uncertainty within the Insulation sector.

Here are the latest investment ratings and price targets for $Owens-Corning (OC.US)$ from 4 analysts:

StockTodayLatestRating_nn_202083_20241107_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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