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Owens Corning Inc (OC) [hlAlert]

Rating:
Hold OC
up 15.44 %

Owens Corning Inc (OC) downgraded to Hold by KeyBanc Capital Mkts

Posted on: Thursday,  Feb 7, 2013  8:25 AM ET by KeyBanc Capital Mkts

KeyBanc Capital Mkts rated Hold Owens Corning Inc (NYSE: OC) on 02/07/2013. Previously KeyBanc Capital Mkts rated Buy Owens Corning Inc (NYSE: OC)
on 02/16/2011., when the stock price was $36.52. Since then, Owens Corning Inc has gained 15.44% as of 02/07/2013's recent price of $42.16.
If you would have followed the previous KeyBanc Capital Mkts's recommendation on OC, you would have gained 15.44% of your investment in 722 days.

Owens Corning is a producer of glass fiber reinforcements and other materials for composites and of residential and commercial building materials. The Company operates within two product categories: composites, which include the Composite Solutions segment and building materials, which includes its insulating systems, roofing and asphalt and other building materials and services reportable segments. The Company?s products range from glass fiber used to reinforce composite materials used in transportation, electronics, marine, wind energy and other high-performance markets to insulation, roofing and manufactured stone veneer used in residential, commercial and industrial applications. On May 1, 2008, the Company sold two composite manufacturing plants in Battice, Belgium and Birkeland, Norway.

KeyBanc Capital Mkts is one of the nation's largest bank-based financial services companies, with assets of approximately $89 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through branches and offices.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/7/2013 8:25 AM Hold
None
42.16
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD up  13.97 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/16/2011 2:25 PM Buy
None
36.52 44.00
9/10/2010 8:25 AM Hold
None
25.77

(*) Stock Price at the time of the recommendation.
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