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Owens Corning Inc (OC) [hlAlert]

Rating:
Buy OC
up 62.73 %

Owens Corning Inc (OC) rated Buy with price target $55 by Jefferies

Posted on: Thursday,  Sep 26, 2013  8:25 AM ET by Jefferies

Jefferies rated Buy Owens Corning Inc (NYSE: OC) on 09/26/2013. Previously Jefferies rated Buy Owens Corning Inc (NYSE: OC) on 10/12/2010.,
when the stock price was $27.32. Since then, Owens Corning Inc has gained 62.74% as of 01/11/2016's recent price of $44.46.
If you would have followed the previous Jefferies's recommendation on OC, you would have gained 62.73% of your investment in 1917 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.

Jefferiess' research efforts cover U.S. & International equity, high yield, convertibles, derivatives and option strategies, investment grade fixed income, post-reorganization securities, as well as special situations and quantitative research. Our team of more than 150 research professionals covers nearly 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes while providing in-depth, thought provoking, objective research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/26/2013 8:25 AM Buy
None
38.96 55.00
as of 12/13/2013
1 Week up  0.52 %
1 Month up  6.15 %
3 Months down  -1.60 %
1 YTD up  4.46 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/12/2010 11:25 AM Buy
None
27.32 34.00

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