Owens Corning (OC) “Buy” Rating Kept by RBC Capital; With $112.0 Target; VALLOUREC SA ORD (VLOUF) Shorts Down By 0.75%

December 6, 2017 - By Hazel Jackson

Among 23 analysts covering Owens Corning (NYSE:OC), 14 have Buy rating, 0 Sell and 9 Hold. Therefore 61% are positive. Owens Corning has $100.0 highest and $40 lowest target. $75.79’s average target is -14.75% below currents $88.9 stock price. Owens Corning had 68 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Owens Corning (NYSE:OC) has “Outperform” rating given on Friday, November 17 by Credit Suisse. The stock has “Buy” rating by Credit Suisse on Tuesday, October 17. FBR Capital maintained the shares of OC in report on Thursday, October 27 with “Mkt Perform” rating. The stock of Owens Corning (NYSE:OC) has “Sector Perform” rating given on Thursday, July 23 by RBC Capital Markets. The rating was upgraded by Citigroup on Friday, October 20 to “Neutral”. The stock of Owens Corning (NYSE:OC) earned “Neutral” rating by Nomura on Monday, September 11. The company was initiated on Wednesday, December 7 by Seaport Global Securities. The firm has “Neutral” rating by Wedbush given on Wednesday, July 6. The company was initiated on Thursday, August 11 by Credit Suisse. As per Monday, January 11, the company rating was upgraded by RBC Capital Markets.

VALLOUREC SA ORD (OTCMKTS:VLOUF) had a decrease of 0.75% in short interest. VLOUF’s SI was 3.27 million shares in December as released by FINRA. Its down 0.75% from 3.29M shares previously. It closed at $5.22 lastly. It is down 0.00% since December 6, 2016 and is . It has underperformed by 16.70% the S&P500.

Vallourec SA, through its subsidiaries, provides tubular solutions primarily for the energy markets and other industrial applications in the European Union, North America, South America, Asia, the Middle East, and internationally. The company has market cap of $2.36 billion. It operates through Seamless Tubes and Specialty Products divisions. It currently has negative earnings. The firm produces hot-rolled seamless carbon and alloy steel tubes for the gas and oil, power generation, chemical and petrochemical, and automotive and mechanical engineering industries, as well as produces stainless steel and titanium tubes.

The stock decreased 1.45% or $1.31 during the last trading session, reaching $88.9. About 1.66 million shares traded or 30.53% up from the average. Owens Corning (NYSE:OC) has risen 23.07% since December 6, 2016 and is uptrending. It has outperformed by 6.37% the S&P500.

Investors sentiment decreased to 0.94 in 2017 Q2. Its down 0.17, from 1.11 in 2017Q1. It is negative, as 27 investors sold Owens Corning shares while 126 reduced holdings. 42 funds opened positions while 102 raised stakes. 102.55 million shares or 3.39% less from 106.14 million shares in 2017Q1 were reported. Pggm reported 394,000 shares. Skylands Capital Ltd Liability Company holds 0.88% of its portfolio in Owens Corning (NYSE:OC) for 95,325 shares. 22,820 were accumulated by Pnc Financial Ser. Shell Asset Mgmt invested in 0.06% or 34,042 shares. Focused Wealth Mgmt Incorporated reported 0.02% of its portfolio in Owens Corning (NYSE:OC). Iowa-based Cambridge Rech Advsr has invested 0.01% in Owens Corning (NYSE:OC). 733,244 are held by Alyeska Inv Gru L P. Citigroup owns 55,999 shares or 0% of their US portfolio. Scout Investments reported 225,835 shares. Personal Capital Advisors Corp invested 0.2% in Owens Corning (NYSE:OC). 8,236 are held by Airain Ltd. Next Financial Group Inc Inc Inc reported 1,124 shares. Camelot Portfolios Limited Liability invested in 5,478 shares or 0.18% of the stock. Morgan Stanley accumulated 234,529 shares or 0% of the stock. Dekabank Deutsche Girozentrale reported 3,429 shares.

Analysts await Owens Corning (NYSE:OC) to report earnings on February, 14. They expect $1.01 earnings per share, up 40.28% or $0.29 from last year’s $0.72 per share. OC’s profit will be $112.35 million for 22.00 P/E if the $1.01 EPS becomes a reality. After $1.25 actual earnings per share reported by Owens Corning for the previous quarter, Wall Street now forecasts -19.20% negative EPS growth.

Owens Corning, together with its subsidiaries, produces and sells glass fiber reinforcements and other materials for composites; and residential and commercial building materials worldwide. The company has market cap of $9.89 billion. It operates in three divisions: Composites, Insulation, and Roofing. It has a 25.54 P/E ratio. The Composites segment makes, fabricates, and sells glass reinforcements in the form of fiber; and makes and sells glass fiber products in the form of fabrics, non-wovens, and other specialized products.

Since June 14, 2017, it had 0 insider buys, and 2 insider sales for $1.54 million activity. Another trade for 2,000 shares valued at $129,200 was made by McMonagle James J on Thursday, June 15. On Wednesday, June 14 the insider Genis Arnaud sold $1.41M.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Twitter Auto Publish Powered By : XYZScripts.com