The Analyst Verdict: Owens-Corning In The Eyes Of 5 Experts
Portfolio Pulse from Benzinga Insights
In the last three months, analysts have shown varied sentiments towards Owens-Corning (NYSE:OC), with recent ratings indicating a positive shift in price targets. The average 12-month price target has increased by 1.93% to $189.8. Analysts have adjusted their ratings and price targets, reflecting their response to market conditions and company performance. Despite revenue growth, Owens-Corning faces challenges with profitability, ROE, ROA, and debt management.
October 16, 2024 | 5:00 pm
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Analysts have shown mixed sentiments towards Owens-Corning, with a recent positive shift in price targets. The average 12-month price target has increased by 1.93% to $189.8. Despite revenue growth, the company faces challenges with profitability, ROE, ROA, and debt management.
The increase in the average price target by analysts suggests a positive outlook for Owens-Corning's stock in the short term. However, the company's financial challenges, such as low profitability and high debt, may limit the extent of positive impact. The mixed analyst ratings reflect these conflicting factors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100