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Enter Symbol:
 
Owens Corning Inc (OC) [hlAlert]

Rating:
Outperform
OC
up 16.14 %

Owens Corning Inc (OC) rated Outperform with price target $53 by FBR Capital

Posted on: Wednesday,  Jul 22, 2015  2:25 PM ET by FBR Capital

FBR Capital rated Outperform Owens Corning Inc (NYSE: OC) on 07/22/2015. Previously FBR Capital rated Outperform Owens Corning Inc (NYSE: OC) on
09/27/2013., when the stock price was $38.28. Since then, Owens Corning Inc has gained 16.14% as of 01/11/2016's recent price of $44.46.
If you would have followed the previous FBR Capital's recommendation on OC, you would have gained 16.14% of your investment in 836 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.

FBR Capital uses a highly disciplined analysis focused on intrinsic value, which we developed to critically examine the capital structure of the companies we cover, as well as their competitive positions and the growth opportunities within their industries. We apply this discipline – which helps us assess how effectively a company’s managers deploy the capital entrusted to them – not only in our published research but also when making investing and underwriting judgments.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/22/2015 2:25 PM Buy
None
44.92 53.00
as of 8/27/2015
1 Week down  -3.34 %
1 Month up  5.75 %
3 Months up  12.13 %
1 YTD up  9.18 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/23/2014 10:25 AM Buy
None
31.29 40.00
6/20/2014 12:00 AM Buy
None
38.81 46.00
9/27/2013 8:25 AM Buy
None
38.28 50.00

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