Can analysts adopt a bullish outlook for USG Corporation (NYSE:USG)?

December 7, 2017 - By Vivian Park

 Can analysts adopt a bullish outlook for USG Corporation (NYSE:USG)?
Investors sentiment decreased to 0.62 in Q2 2017. Its down 0.19, from 0.81 in 2017Q1. It dived, as 34 investors sold USG Corporation shares while 78 reduced holdings. 20 funds opened positions while 49 raised stakes. 166.18 million shares or 30.74% more from 127.12 million shares in 2017Q1 were reported.
Tiaa Cref Mngmt Ltd holds 0.03% or 1.54M shares in its portfolio. Raymond James Finance Ser has invested 0.01% in USG Corporation (NYSE:USG). Gotham Asset Mngmt Lc holds 0.07% or 176,021 shares. Benin Mngmt accumulated 0.22% or 17,900 shares. The Ontario – Canada-based National Bank & Trust Of Montreal Can has invested 0% in USG Corporation (NYSE:USG). Jpmorgan Chase & holds 0.01% or 1.95M shares in its portfolio. New York State Common Retirement Fund reported 186,000 shares. Shapiro Cap Mngmt Limited Com holds 0% or 4.87M shares. Lpl Financial Limited reported 0.01% in USG Corporation (NYSE:USG). Commerzbank Aktiengesellschaft Fi invested 0.03% of its portfolio in USG Corporation (NYSE:USG). Exane Derivatives holds 0% or 1 shares. Magnetar Financial Lc holds 0% in USG Corporation (NYSE:USG) or 9,349 shares. Breton Hill Limited invested 0.15% in USG Corporation (NYSE:USG). Rhumbline Advisers stated it has 0.01% in USG Corporation (NYSE:USG). Tru Of Oklahoma invested 0% in USG Corporation (NYSE:USG).

USG Corporation (NYSE:USG) Ratings Coverage

Among 20 analysts covering USG Corporation (NYSE:USG), 3 have Buy rating, 3 Sell and 14 Hold. Therefore 15% are positive. USG Corporation had 63 analyst reports since July 29, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Buy” rating and $32.0 target in Monday, August 28 report. The firm earned “Hold” rating on Wednesday, July 27 by Jefferies. Jefferies maintained USG Corporation (NYSE:USG) on Wednesday, July 19 with “Hold” rating. The firm earned “Hold” rating on Friday, June 2 by Jefferies. On Monday, August 28 the stock rating was maintained by Robert W. Baird with “Hold”. The firm has “Hold” rating by SunTrust given on Monday, October 2. The rating was initiated by Barclays Capital with “Underweight” on Friday, January 6. On Thursday, August 31 the stock rating was maintained by Stifel Nicolaus with “Hold”. The rating was downgraded by Northcoast on Wednesday, August 31 to “Neutral”. The firm has “In-Line” rating given on Thursday, September 21 by Evercore. Below is a list of USG Corporation (NYSE:USG) latest ratings and price target changes.

15/11/2017 Broker: Macquarie Research Rating: Neutral Old Target: $35.00 New Target: $36.00 Maintain
01/11/2017 Broker: JP Morgan Rating: Neutral Old Target: $30 New Target: $38 Maintain
27/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $38.0 Maintain
27/10/2017 Broker: Barclays Capital Rating: Equal-Weight Old Target: $26 New Target: $31 Maintain
26/10/2017 Broker: SunTrust Rating: Hold New Target: $34.0 Maintain
27/10/2017 Broker: Citigroup Rating: Neutral Old Target: $34 New Target: $37 Maintain
27/10/2017 Broker: Bank of America Rating: Sell Downgrade
26/10/2017 Broker: Robert W. Baird Rating: Hold New Target: $35.0 Maintain
26/10/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $33.0 Maintain
19/10/2017 Broker: Jefferies Rating: Hold New Target: $33.0 Maintain

The stock increased 0.16% or $0.06 during the last trading session, reaching $37.37. About 1.18M shares traded. USG Corporation (NYSE:USG) has risen 0.17% since December 7, 2016 and is uptrending. It has underperformed by 16.53% the S&P500.

USG Corporation, through its subsidiaries, makes and sells building materials worldwide. The company has market cap of $5.10 billion. The companyÂ’s Gypsum segment makes and markets gypsum and related products to construct walls, ceilings, roofs, and floors of residential, commercial, and institutional buildings, as well as for various industrial applications. It has a 11.99 P/E ratio. This segment offers gypsum panels, as well as joint compounds, corner beads, joint tapes, and plasters for wallboard joints finishing under the Sheetrock brand; cement board under the Durock brand; backerboard that includes abuse-resistant interior wall panels, tile backer boards, and flooring underlayments under the Fiberock brand; poured gypsum flooring systems under the Levelrock brand; roof boards under the Securock brand; and air-water barrier system and industrial gypsum under the ExoAir 430 brand.

More recent USG Corporation (NYSE:USG) news were published by: Businesswire.com which released: “USG Corporation Completes Acquisition of Ceilings Plus” on November 30, 2017. Also Businesswire.com published the news titled: “USG Corporation to Expand Ceilings Portfolio with Acquisition of Ceilings Plus” on November 14, 2017. Businesswire.com‘s news article titled: “USG Corporation to Host Inaugural Investor Day” with publication date: November 16, 2017 was also an interesting one.

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