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Owens Corning Inc (OC) [hlAlert]

Rating:
Overweight
OC
up 14.11 %

Owens Corning Inc (OC) rated Overweight with price target $50 by Barclays

Posted on: Thursday,  Jul 23, 2015  12:25 PM ET by Barclays

Barclays rated Overweight Owens Corning Inc (NYSE: OC) on 07/23/2015. Previously Barclays rated Overweight Owens Corning Inc (NYSE: OC) on 01/09/2013.,
when the stock price was $38.96. Since then, Owens Corning Inc has gained 14.12% as of 01/11/2016's recent price of $44.46.
If you would have followed the previous Barclays's recommendation on OC, you would have gained 14.11% of your investment in 1097 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.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/23/2015 12:25 PM Buy
None
44.42 50.00
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
2/13/2014 1:25 PM Buy
None
43.28 47.00
7/1/2013 1:25 PM Buy
None
39.57 49.00
2/5/2013 1:25 PM Buy
None
41.30 50.00
1/9/2013 2:25 PM Buy
None
38.96 44.00

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