Analyst Rating Update on USG Corporation (USG)

USG Corporation (NYSE:USG) : Zacks Investment Research ranks USG Corporation (NYSE:USG) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 9 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 12 research analysts is 2.5, which indicates as a Buy.

USG Corporation (NYSE:USG) : The consensus price target for USG Corporation (NYSE:USG) is $30.89 for the short term with a standard deviation of $2.98. The most optimist securities analyst among the 9 who monitor the stock believes that the stock can reach $37, however, the pessimist price target for the company is $27.

Company shares have received an average consensus rating of Hold for the current week Also, Equity Analysts at the Goldman Sachs maintains the rating on USG Corporation (NYSE:USG). The brokerage firm has issued a Neutral rating on the shares. The Analysts at the ratings agency raises the price target from $24 per share to $27 per share. The rating by the firm was issued on May 4, 2016.

USG Corporation (NYSE:USG): stock turned positive on Tuesday. Though the stock opened at $25.28, the bulls momentum made the stock top out at $25.84 level for the day. The stock recorded a low of $25.28 and closed the trading day at $25.72, in the green by 3.21%. The total traded volume for the day was 1,321,274. The stock had closed at $24.92 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Dannessa Dominic A, officer (Executive Vice Presidenet) of Usg Corp, had unloaded 2,000 shares at an average price of $29.03 in a transaction dated on May 18, 2016. The total value of the transaction was worth $58,060.

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.

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