Analysts who follow Owens Corning (OC) on average expect it to gain 22.80% over the next twelve months. Those same analysts give the stock an average rating of Buy.
That average rating earns OC an Analyst Ranking of 21, which means it ranks higher than 21 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating OC a Buy today. Find out what this means to you and get the rest of the rankings on OC!
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With Owens Corning Stock Today?
Owens Corning (OC) stock is up 1.72% while the S&P 500 is down -1.78% as of 2:30 PM on Thursday, May 12. OC is higher by $1.52 from the previous closing price of $88.14 on volume of 442,217 shares. Over the past year the S&P 500 is down -4.87% while OC is down -10.18%. OC earned $10.60 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 8.42.
Click Here to get the full Stock Report for Owens Corning stock.
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