On Nov 08, major Wall Street analysts update their ratings for $Owens-Corning (OC.US)$, with price targets ranging from $192 to $220.
Goldman Sachs analyst Susan Maklari maintains with a hold rating, and sets the target price at $198.
Barclays analyst Matthew Bouley maintains with a hold rating, and adjusts the target price from $180 to $192.
UBS analyst John Lovallo maintains with a buy rating, and maintains the target price at $197.
Wells Fargo analyst Sam Reid maintains with a hold rating, and adjusts the target price from $175 to $195.
Jefferies analyst Philip Ng maintains with a buy rating, and adjusts the target price from $215 to $220.
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 due to robust margins. The company's Q4 EBIT margin guidance suggests mid-teens levels, aligning with current expectations, yet this forecast may be on the conservative side, according to an analyst.
Owens Corning maintains 'resolute' margins in its Roofing and Insulation segments, despite experiencing volume pressure in the Door category. There is also near-term volume uncertainty present in the Insulation segment.
Here are the latest investment ratings and price targets for $Owens-Corning (OC.US)$ from 9 analysts:
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.