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Enter Symbol:
Rating: OC
Outperform $53

Owens Corning Inc (NYSE: OC) upgraded to Outperform with price target $53 by RBC Capital Mkts

Monday,  Jan 11, 2016  8:25 AM ET by Kristen Bailey

RBC Capital Mkts upgraded Owens Corning Inc (NYSE: OC) to Outperform with price
target $53. RBC Capital Mkts rated Owens Corning Inc (NYSE: OC) to Sector Perform with price target $46 on 07/25/2013, when the price was $38.89.

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.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.

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