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USG (NYSE:USG) was downgraded by equities research analysts at RBC Capital from an “outperform” rating to a “sector perform” rating in a research note issued to investors on Monday, TheFlyOnTheWall.com reports. They currently have a $30.00 target price on the stock, down from their previous target price of $34.00. RBC Capital’s price objective would indicate a potential upside of 6.80% from the stock’s previous close. The analysts noted that the move was a valuation call.

USG (NYSE:USG) traded up 0.14% on Monday, hitting $28.09. 1,602,778 shares of the company’s stock traded hands. USG has a 52 week low of $22.64 and a 52 week high of $36.22. The stock has a 50-day moving average of $30.03 and a 200-day moving average of $31.28. The company has a market cap of $3.870 billion and a P/E ratio of 36.76.

USG (NYSE:USG) last announced its earnings results on Thursday, April 24th. The company reported $0.32 EPS for the quarter, beating the Thomson Reuters 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 prior year, the company posted $0.02 earnings per share. The company’s quarterly revenue was up 4.4% on a year-over-year basis. On average, analysts predict that USG will post $1.59 earnings per share for the current fiscal year.

A number of other firms have also recently commented on USG. Analysts at Barclays cut their price target on shares of USG from $33.00 to $32.00 in a research note on Friday. They now have an “equal weight” rating on the stock. Finally, 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. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $33.27.

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

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