Expert Ratings For Owens-Corning
Portfolio Pulse from Benzinga Insights
Analysts have updated their ratings on Owens-Corning (NYSE:OC), with a mix of raised and lowered price targets, reflecting diverse perspectives on the company's future performance. The average 12-month price target is now $168.7, marking a 4.39% increase from the previous average of $161.60. Owens-Corning, a manufacturer of glass fiber for composites and building materials, shows a solid market capitalization but faces challenges in revenue growth, net margin, ROE, and ROA compared to industry averages.
April 25, 2024 | 4:00 pm
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Owens-Corning has received mixed analyst ratings with several price target adjustments, indicating varied expectations for its financial performance. The company's market position is strong, but it faces challenges in revenue growth, profitability, and asset utilization.
The mixed analyst ratings and adjustments in price targets reflect uncertainty and diverse expectations for Owens-Corning's future performance. Despite a strong market capitalization, the company's challenges in revenue growth, net margin, ROE, and ROA compared to industry averages could impact investor sentiment and stock performance in the short term. The increase in the average price target suggests a positive outlook from some analysts, balanced by the financial challenges highlighted.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100