Forecasting The Future: 8 Analyst Projections For Owens-Corning
Portfolio Pulse from Benzinga Insights
Recent analyst projections for Owens-Corning (NYSE:OC) show a mix of opinions, with an updated average 12-month price target of $165.38, reflecting a 2.33% increase from the previous target. Analysts from firms like Citigroup, Loop Capital, and JP Morgan have adjusted their ratings and price targets, indicating a dynamic view on the company's performance. Owens-Corning, a manufacturer in composites and building materials, has shown a revenue growth of 0.83% as of December 31, 2023, but faces challenges in net margin, ROE, and ROA compared to industry averages.
April 05, 2024 | 5:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Owens-Corning has received varied analyst ratings with an updated average 12-month price target of $165.38, indicating a positive outlook despite some financial challenges.
The updated average price target represents a 2.33% increase, suggesting analysts see potential upside despite the company's challenges in net margin, ROE, and ROA. The mix of bullish to bearish sentiments among analysts, along with the company's recent revenue growth, supports a cautiously optimistic outlook for the stock in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100