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Barclays increased their target price on shares of USG (NYSE:USG) from $31.00 to $33.00 in a research note issued on Wednesday. Barclays’ target price points to a potential upside of 10.63% from the company’s current price.

Shares of USG (NYSE:USG) opened at 29.83 on Wednesday. USG has a 1-year low of $22.55 and a 1-year high of $36.22. The stock has a 50-day moving average of $30.26 and a 200-day moving average of $31.14. The company has a market cap of $4.110 billion and a P/E ratio of 39.49.

USG (NYSE:USG) last announced its earnings results on Thursday, April 24th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.12. The company had revenue of $850.00 million for the quarter, compared to the consensus estimate of $879.24 million. During the same quarter in the previous year, the company posted $0.02 earnings per share. The company’s revenue for the quarter was up 4.4% on a year-over-year basis. On average, analysts predict that USG will post $1.61 earnings per share for the current fiscal year.

A number of other firms have also recently commented on USG. Analysts at Zacks downgraded shares of USG from a “neutral” rating to an “underperform” rating in a research note on Wednesday, June 25th. They now have a $28.70 price target on the stock. Separately, analysts at SunTrust reiterated a “buy” rating on shares of USG in a research note on Wednesday, June 25th. They now have a $36.00 price target on the stock, down previously from $38.00. Finally, analysts at Goldman Sachs initiated coverage on shares of USG in a research note on Tuesday, June 17th. They set a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $33.67.

USG Corporation (NYSE:USG), through its subsidiaries, is a manufacturer and distributor of building materials.

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