USG Corporation (NYSE:USG) has been upgraded to Buy in a statement by Vertical Group earlier today.
- Updated: September 19, 2016
Vertical Group has upgraded USG Corporation(NYSE:USG) to Buy in a statement released on 9/19/2016.
Boasting a price of $25.62, USG Corporation (NYSE:USG) traded 3.18% higher on the day. The last close is down 1.56% from the two hundred day average, compared to the S&P 500 Index which has fallen -0.01% over the date range. USG Corporation has recorded a 50-day average of $27.88 and 200-day average of $26.85. Trading volume was was down over the average, with 535,488 shares of USG changing hands under the typical 1,570,970 shares.
With a market capitalization of $0.0, USG Corporation has a one-year low of $15.85 and a one-year high of $30.84 with a price-earnings ratio of 4.
A total of 16 analysts have released a report on the stock. Three analysts rate the stock a strong buy, two firms rate the company a buy, 15 analyts rate the stock a hold, one analyst rate the company to underperform, and finally 0 analystsrate the company as sell with a one year target of $29.42
General Information 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, and floor lining and exterior systems that utilize gypsum wallboard.
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