USG Corporation (NYSE:USG): The mean short term price target for USG Corporation (NYSE:USG) has been established at $30.8 per share. The higher price target estimate is at $37 and the lower price target estimate is expected at $27 according to 10 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $2.82
Many analysts have stated their opinion on the company shares. Goldman Sachs maintains its rating on USG Corporation (NYSE:USG). The global brokerage major raises the current price target from $24 per share to $27 per share. Analysts at the Goldman Sachs have a current rating of Neutral on the shares. The rating by the firm was issued on May 4, 2016. Company shares have received an average consensus rating of Hold for the current week
On the companys insider trading activities, Dannessa Dominic A, officer (Executive Vice Presidenet) of Usg Corp, unloaded 2,000 shares at an average price of $29.03 on May 18, 2016. The total amount of the transaction was worth $58,060, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
USG Corporation (NYSE:USG) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.28 points or 1.02% at $27.26 with 897,731 shares getting traded. Post opening the session at $27.28, the shares hit an intraday low of $27.23 and an intraday high of $27.8 and the price was in this range throughout the day. The company has a market cap of $3,976 million and the number of outstanding shares have been calculated to be 145,853,370 shares. The 52-week high of USG Corporation (NYSE:USG) is $32.879 and the 52-week low is $15.85.
USG Corporation (USG), through its subsidiaries, is a manufacturer and distributor of building materials. The Company produces a range of products for use in new residential, new nonresidential, and residential and nonresidential repair and remodel construction, as well as products used in industrial processes. The Company operates in four segments: Gypsum, Ceilings, Distribution and USG Boral Building Products (UBBP). The Gypsum segment manufactures gypsum wallboard; the Ceilings segment manufactures and markets interior systems products; the Distribution segment consists of L&W Supply, a distributor of gypsum wallboard and other building materials, and the Companys UBBP segment manufactures, distributes and sells building products, mines raw gypsum and sells natural and synthetic gypsum. The Companys brands include DUROCK, FIBEROCK, LEVELROCK, RED TOP, IMPERIAL, DIAMOND, SUPREMO, RADAR, ECLIPSE, MARS, USG Boral Sheetrock and USG Boral NextGen, among others.