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Owens Corning Inc (OC) [hlAlert]

Rating:
Buy OC
up 55.50 %

Owens Corning Inc (OC) upgraded to Buy with price target $36 by Stifel Nicolaus

Posted on: Thursday,  Oct 27, 2011  8:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Buy Owens Corning Inc (NYSE: OC) on 10/27/2011, when the stock price was $28.59. Since
then, Owens Corning Inc has gained 55.51% as of 01/11/2016's recent price of $44.46.
If you would have followed this Stifel Nicolaus's recommendation on OC, you would have gained 55.5% of your investment in 1537 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.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/27/2011 8:25 AM Buy
None
28.59 36.00
as of 12/30/2011
1 Week up  1.80 %
1 Month up  0.06 %
3 Months up  0.45 %
1 YTD up  0.45 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/23/2008 8:25 AM Hold
None
23.81

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