USG Corporation (NYSE:USG) has been upgraded to Buy in a report by Vertical Research today.
- Updated: September 19, 2016
Boasting a price of $25.62, USG Corporation (NYSE:USG) traded 3.18% higher on the day. With the last stock price down 1.56% from the two hundred day average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same period. USG has logged a 50-day average of $27.88 and 200-day average of $26.85. Trade volume was was down over the average, with 535,488 shares of USG changing hands under the typical 1,570,970 shares.
Vertical Research has upgraded USG Corporation(NYSE:USG) to Buy in a statement released 9/19/2016.
Recent Performance Chart:
A total of 16 equity analysts have released a report on USG. Three analysts rate the company a strong buy, two firms rate the company a buy, 15 analyts rate the stock a hold, one brokerage rate the stock to underperform, and finally 0 firmsrate the company as sell with a consensus target stock price of $29.42
USG Corporation has a one-year low of $15.85 and a 52 week high of $30.84 with a P/E ratio of 4. The company’s market capitalization is presently $0.0.
Brief Synopsis On 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, and floor lining and exterior systems that utilize gypsum wallboard.
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