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USG (NYSE:USG) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research report issued to clients and investors on Friday. The firm currently has a $27.40 target price on the stock. Zacks‘s price objective would indicate a potential upside of 0.15% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of USG in a research note on Tuesday, July 29th. They now have a $32.50 price target on the stock, down previously from $34.00. Separately, analysts at Wedbush cut their price target on shares of USG from $33.00 to $31.00 in a research note on Monday, July 28th. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of USG in a research note on Friday, July 25th. They now have a $29.00 price target on the stock, down previously from $33.00. Seven equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. USG has a consensus rating of “Hold” and an average target price of $32.63.

Shares of USG (NYSE:USG) traded up 2.40% during mid-day trading on Friday, hitting $27.36. 1,719,094 shares of the company’s stock traded hands. USG has a 1-year low of $22.64 and a 1-year high of $36.22. The stock has a 50-day moving average of $28.38 and a 200-day moving average of $30.91. The company has a market cap of $3.956 billion and a P/E ratio of 27.78.

USG (NYSE:USG) last announced its earnings results on Thursday, July 24th. The company reported $0.33 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.45 by $0.12. The company had revenue of $948.00 million for the quarter, compared to the consensus estimate of $1,000.00 million. During the same quarter in the prior year, the company posted $0.22 earnings per share. The company’s quarterly revenue was up 3.5% on a year-over-year basis. On average, analysts predict that USG will post $1.38 earnings per share for the current fiscal year.

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

To view Zacks’ full report, visit Zacks’ official website.

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