Economy

Owens Corning (OC) Receives $76.61 Average Price Target from Brokerages

Therefore 85% are positive. Owens Corning had 64 analyst reports since July 23, 2015 according to SRatingsIntel. The firm earned "Underperform" rating on Thursday, April 21 by Robert W. Baird. Citigroup Inc. raised Owens Corning from a "sell" rating to a "neutral" rating and set a $80.00 target price for the company in a research note on Friday, October 20th. The firm has "Hold" rating by Barclays Capital given on Wednesday, June 28. SunTrust Banks, Inc. increased their price target on shares of Owens Corning from $66.00 to $75.00 and gave the company a "hold" rating in a research report on Thursday, October 26th. The stock has an average rating of "Buy" and an average target price of $76.95. Telsey Advisory Group maintained the shares of OXM in report on Wednesday, June 8 with "Outperform" rating. On Tuesday, October 25 the stock rating was downgraded by JP Morgan to "Neutral". As per Monday, April 24, the company rating was maintained by Jefferies. The stock of Owens Corning (NYSE:OC) has "Buy" rating given on Thursday, October 26 by RBC Capital Markets. Co Bancshares reported 0.01% in Oxford Industries Inc (NYSE:OXM). Pnc Grp Inc reported 0% in Owens & Minor, Inc. It also reduced its holding in Spdr S&P 500 Etf Tr (SPY) by 1,759 shares in the quarter, leaving it with 4,310 shares, and cut its stake in Exxon Mobil Corp (NYSE:XOM). Conocophillips now has $63.94 billion valuation. The stock declined 0.07% or $0.04 reaching $53.48 on the news. About 3.38M shares traded or 25.65% up from the average. (NYSE:OMI) has declined 11.64% since November 9, 2016 and is downtrending. It has underperformed by 7.20% the S&P500. The stock of Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) earned "Underperform" rating by Credit Suisse on Tuesday, December 1. The insider Kordahi Rony Camil sold 2,231 shares worth $71,556.

Investors sentiment decreased to 0.94 in Q2 2017. Its down 0.17, from 1.11 in 2017Q1.

Several hedge funds have recently bought and sold shares of OMI. 33 funds opened positions while 107 raised stakes. (NYSE:OMI). Dean Assocs stated it has 0.72% in Owens & Minor, Inc. James Inv accumulated 20,540 shares. Ontario - Canada-based Venator Limited has invested 3.23% in Owens Corning (NYSE:OC). Ahl Prns Ltd Liability Partnership holds 0.01% in Oxford Industries Inc (NYSE:OXM) or 6,253 shares. Jefferies Group LLC restated a "hold" rating and set a $32.00 price target (down from $36.00) on shares of Owens & Minor in a research note on Wednesday, August 9th. During the same quarter a year ago, the business earned $1.09 earnings per share. Of those insider trades, 0 shares of Owens & Minor, Inc. were purchased and 0 shares were sold. Martingale Asset Limited Partnership reported 180,233 shares. (NYSE:OMI). Pioneer Inv Mgmt Inc invested in 574,485 shares. Aqr Management Ltd Liability owns 3.15 million shares. Colorado-based Public Employees Retirement Association Of Colorado has invested 0.01% in Owens Corning (NYSE:OC). British Columbia Invest Mngmt invested 0.19% of its portfolio in Monsanto Company (NYSE:MON).

Owens Corning is engaged in the business of composite and building materials systems, delivering a range of services and products. Adirondack Research & Management Inc who had been investing in Owens & Minor Inc New for a number of months, seems to be bullish on the $1.14B market cap company. The Company's divisions include Composites, Insulation and Roofing. Evercore ISI started coverage on Owens Corning in a report on Monday, November 14th. It has outperformed by 6.37% the S&P500. Its down 0.08, from 0.79 in 2017Q1. It dived, as 18 investors sold Oxford Industries Inc shares while 41 reduced holdings. 87 funds opened positions while 334 raised stakes. 822.50 million shares or 0.21% more from 820.79 million shares in 2017Q1 were reported. Paloma Partners Management has 0% invested in Monsanto Company (NYSE:MON). Canal Ins invested in 125,000 shares or 2.01% of the stock. Ghp Investment Advsrs holds 0.2% or 39,070 shares. Wright Investors Serv Incorporated invested in 18,245 shares or 0.3% of the stock.

Investors sentiment decreased to 0.98 in Q2 2017.

About 4.62M shares traded. Matrix Asset Advisors Inc reported 151,474 shares. (NYSE:OMI). Nationwide Fund Advsrs owns 217,725 shares or 0.03% of their United States portfolio. Brookmont Cap Mngmt reported 2.3% in ConocoPhillips (NYSE:COP). Becker Cap Management Inc reported 57,575 shares. Atria Investments Limited Co holds 0.08% or 29,849 shares in its portfolio. That suggests something of the likelihood of a short squeeze in shares of OMI. Legal & General Group Public Ltd holds 0.25% or 7.03 million shares in its portfolio. Peak6 Invests Lp reported 263,445 shares stake.

Among 13 analysts covering Oxford Industries (NYSE:OXM), 11 have Buy rating, 0 Sell and 2 Hold. Therefore 62% are positive. Ericsson had 35 analyst reports since August 5, 2015 according to SRatingsIntel. (NYSE:OMI) has "Hold" rating given on Monday, September 11 by Jefferies. Scotia Capital maintained ConocoPhillips (NYSE:COP) on Friday, April 7 with "Buy" rating. The stock has "Hold" rating by Societe Generale on Thursday, February 4. The rating was downgraded by Nomura on Monday, September 11 to "Neutral". The firm has "Sell" rating by Goldman Sachs given on Tuesday, October 6. Needham maintained the shares of OXM in report on Friday, September 1 with "Buy" rating. The rating was upgraded by Charter Equity to "Mkt Perform" on Friday, January 27. The rating was downgraded by DA Davidson on Friday, September 8 to "Hold". The company has a market capitalization of $1.50 billion, a P/E ratio of 15.63 and a beta of 1.03.



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