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Owens Corning Inc (OC) [hlAlert]

Rating:
Sell OC
down 11.85 %

Owens Corning Inc (OC) rated Sell with price target $36 by MKM Partners

Posted on: Thursday,  Jul 23, 2015  11:25 AM ET by MKM Partners

MKM Partners rated Sell Owens Corning Inc (NYSE: OC) on 07/23/2015. Previously MKM Partners rated Sell Owens Corning Inc (NYSE: OC) on
02/12/2015., when the stock price was $39.19. Since then, Owens Corning Inc has gained 13.45% as of 01/11/2016's recent price of $44.46.
If you would have followed the previous MKM Partners's recommendation on OC, you would have lost 11.85% of your investment in 333 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.

MKM Partners LLC is an institutional equity trading and research firm. MKM Partners has extensive experience in the agency execution of U.S. and international equity orders. We provide clients with timely and unbiased economic, technical, and fundamental research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/22/2015 11:25 AM Sell
None
45.25 38.00
as of 8/27/2015
1 Week up  3.34 %
1 Month down  -5.75 %
3 Months down  -12.13 %
1 YTD up  1.81 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/23/2015 11:25 AM Sell
None
45.28 36.00
2/12/2015 11:25 AM Sell
None
39.19 31.00
12/4/2013 11:25 AM Hold
None
39.10 35.00

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