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Enter Symbol:
Rating: OC
Overweight $50
up 3.00 %

Owens Corning Inc (NYSE: OC) reiterated to Overweight with price target $50 by Barclays

Thursday,  Jul 23, 2015  12:25 PM ET by Lynn Gilbert

Barclays reiterated Owens Corning Inc (NYSE: OC) to Overweight with price target $50. Previously, Barclays rated Owens Corning Inc (NYSE: OC) to Equal Weight with
price target $47 on 02/13/2014, when the stock price was valued at $43.28. Since then, Owens Corning Inc's stock price has gained 3% as of 07/23/2015's recent price of $44.42.
If you had followed Barclays's previous recommendation on OC, you would have gained 3% of your investment in 525 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



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