USG Corporation (USG) has an average broker rating of 2.5, which is interpreted as a Buy, as rated by 12 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 9 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
USG Corporation (USG) : The most positive equity analysts on USG Corporation (USG) expects the shares to touch $37, whereas, the least positive believes that the stock will trade at $27 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $30.89 with an expected fluctuation of $2.98 from the mean.
USG Corporation (NYSE:USG): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $26.73 and $26.61 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.78. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.77, notching a gain of 4.20% for the day. The total traded volume was 1,918,906 . The stock had closed at $26.65 on the previous day.
Also, In a research note released to the investors, Goldman Sachs maintains its rating on USG Corporation (NYSE:USG).The analysts at the brokerage house have a current rating of Neutral on the shares. In a recent information released to the investors, Goldman Sachs raises the new price target from $24 per share to $27 per share. The rating by the firm was issued on May 4, 2016. The company shares have dropped -0.26% from its 1 Year high price. On Aug 19, 2015, the shares registered one year high at $32.88 and the one year low was seen on Jan 26, 2016. The 50-Day Moving Average price is $27.57 and the 200 Day Moving Average price is recorded at $24.15.
USG Corporation (USG), through its subsidiaries, 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 industrial processes. The Company operates in four segments: Gypsum, Ceilings, Distribution and USG Boral Building Products (UBBP). The Gypsum segment manufactures gypsum wallboard; the Ceilings segment manufactures and markets interior systems products; the Distribution segment consists of L&W Supply, a distributor of gypsum wallboard and other building materials, and the Companys UBBP segment manufactures, distributes and sells building products, mines raw gypsum and sells natural and synthetic gypsum. The Companys brands include DUROCK, FIBEROCK, LEVELROCK, RED TOP, IMPERIAL, DIAMOND, SUPREMO, RADAR, ECLIPSE, MARS, USG Boral Sheetrock and USG Boral NextGen, among others.