Bank of America (Merrill Lynch) disclosed USG Corporation (NYSE:USG), hiking its price target to $36.00 earlier today
- Updated: September 23, 2016
Boasting a price of $27.26, USG Corporation (NYSE:USG) traded 3.74% higher on the day. With the last stock price close up 0.78% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. USG Corporation has recorded a 50-day average of $27.38 and a two hundred day average of $26.99. Volume of trade was down over the average, with 1,252,196 shares of USG changing hands under the typical 1,617,270
Reporting as potential upside of 0.32%, Bank of America (Merrill Lynch) bumped up the target of USG Corporation (NYSE:USG) to $36.00
With a total market value of $0, USG Corporation has price-earnings ratio of 3.90 with a one year low of $15.85 and a one year high of $30.84 .
A total of 16 analysts have released a research note on USG. 3 firms rating the stock a strong buy, 2 firms rating the stock a buy, 15 firms rating the stock a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $29.42.
Brief Synopsis About USG Corporation (NYSE:USG)
USG Corporation is a manufacturer and distributor of building materials. The Company produces a range of products for use in new residential, new nonresidential, and residential and nonresidential repair and remodel construction, as well as products used in certain industrial processes. The Company's segments include Gypsum, Ceilings, Distribution, and USG Boral Building Products. Its Gypsum segment products include walls, ceilings, roofs and floors of residential, commercial and institutional buildings. Its Ceilings segment is a supplier of interior ceilings products. Its products include ceiling tile and ceiling grid. Its Distribution segment consists of L&W Supply Corporation is a distributor of gypsum wallboard and other building materials. USG Boral Building Products segment manufactures and distributes products for wall, ceiling, floor lining and exterior systems that utilize gypsum wallboard.
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