3 Analysts Have This to Say About Owens-Corning
Portfolio Pulse from Benzinga Insights
Over the last quarter, Owens-Corning (NYSE:OC) received 2 somewhat bullish and 1 indifferent rating from analysts. The average 12-month price target for OC is $141.00, with a high of $155.00 and a low of $115.00. This target is a 13.32% decrease from the previous target of $162.67. Analysts provide ratings and forecasts based on financial statements, meetings, and insider information, but their predictions are not infallible.

December 08, 2023 | 7:00 pm
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NEUTRAL IMPACT
Owens-Corning received mixed ratings from analysts, with an average price target of $141.00, which is a 13.32% decrease from the previous target.
The mixed analyst ratings with a decrease in the average price target suggest a cautious outlook for OC. The ratings indicate that while analysts are not bearish, they have tempered their expectations, which could lead to a neutral short-term impact on the stock price. The importance is high as analyst ratings can influence investor sentiment, but not at the maximum because the ratings are not extremely bullish or bearish. The confidence level is not at the maximum due to the inherent uncertainty in analyst predictions.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100