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Evercore ISI downgraded USG (NYSE:USG) from Outperform to In-line in a statement released earlier today.

Evercore ISI has downgraded USG (NYSE:USG) from Outperform to In-line in a statement released on 9/21/2017.

On 09/11/2017, Nomura reported on USG (NYSE:USG) increased the target price from $27.00 to $32.00. At the time, this indicated a possible downside of -0.01%.

Just yesterday USG (NYSE:USG) traded -0.51% lower at $31.26. USG’s 50-day moving average is $28.31 and its 200-day moving average is $29.74. The last stock price is up 4.58% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the date range. Volume of trade was down over the average, with 612,530 shares of USG changing hands under the typical 2,082,610

Recent Performance Chart

USG (NYSE:USG)

USG has P/E ratio of 9.98 with a 52 week low of $23.71 and a 52 week high of $34.67 and has a market cap of $0.

In addition to Evercore ISI reporting its target price, a total of 16 brokers have issued a report on USG. The 12-month price target is $29.42 with three brokers rating the stock a strong buy, 2 brokers rating the stock a buy, fifteen analysts rating the company a hold, one firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

About USG (NYSE:USG)

USG Corporation, through its subsidiaries, is a manufacturer and distributor of building materials. The Company's segments include Gypsum, Ceilings and USG Boral Building Products (UBBP). It 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. Its products are distributed through building materials dealers, home improvement centers and other retailers, specialty wallboard distributors, and contractors. Gypsum segment manufactures and markets gypsum and related products in the United States, Canada, Mexico and Latin America. Ceilings segment manufactures and markets interior systems products in the United States, Canada, Mexico and Latin America. The UBBP segment manufactures, distributes and sells certain building products, mines raw gypsum and sells natural and synthetic gypsum throughout Asia, Australasia and the Middle East.

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