USG (NYSE:USG) was upgraded by stock analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a note issued to investors on Friday, January 5th. The brokerage currently has a $38.00 target price on the construction company’s stock. JPMorgan Chase & Co.’s target price would indicate a potential downside of 3.33% from the company’s current price.

Several other equities research analysts also recently weighed in on USG. SunTrust Banks downgraded USG from a “buy” rating to a “hold” rating and set a $33.00 price target for the company. in a report on Monday, October 2nd. They noted that the move was a valuation call. Bank of America downgraded USG from a “neutral” rating to an “underperform” rating in a report on Friday, October 27th. ValuEngine raised USG from a “hold” rating to a “buy” rating in a report on Wednesday, September 27th. Citigroup increased their price target on USG from $34.00 to $37.00 and gave the stock a “neutral” rating in a report on Friday, October 27th. Finally, Nomura increased their price target on USG from $27.00 to $32.00 and gave the stock a “neutral” rating in a report on Monday, September 11th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $36.86.

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Shares of USG (NYSE USG) traded down $0.82 during midday trading on Friday, hitting $39.31. The company had a trading volume of 929,214 shares, compared to its average volume of 1,340,000. The company has a current ratio of 2.37, a quick ratio of 1.73 and a debt-to-equity ratio of 0.54. USG has a 52-week low of $25.60 and a 52-week high of $41.18. The firm has a market capitalization of $5,560.00, a P/E ratio of 29.56, a PEG ratio of 1.50 and a beta of 1.21.

In other USG news, insider Brian J. Cook sold 30,000 shares of the stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $34.58, for a total value of $1,037,400.00. Following the completion of the transaction, the insider now owns 84,538 shares in the company, valued at $2,923,324.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Christopher D. Macey sold 3,325 shares of the stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $37.61, for a total value of $125,053.25. The disclosure for this sale can be found here. Insiders sold 58,992 shares of company stock valued at $2,131,270 in the last quarter. 0.67% of the stock is currently owned by company insiders.

Hedge funds have recently made changes to their positions in the company. State of Alaska Department of Revenue purchased a new position in shares of USG in the fourth quarter valued at $196,000. SG Americas Securities LLC purchased a new position in shares of USG in the third quarter valued at $170,000. Creative Planning purchased a new position in shares of USG in the fourth quarter valued at $235,000. Fox Run Management L.L.C. purchased a new position in shares of USG in the fourth quarter valued at $304,000. Finally, Beck Capital Management LLC purchased a new position in shares of USG in the third quarter valued at $327,000. Institutional investors and hedge funds own 85.51% of the company’s stock.

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USG Company Profile

USG Corporation, through its subsidiaries, is a manufacturer and distributor of building materials. The Company’s segments include Gypsum, Ceilings and USG Boral Building Products (UBBP). It 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 certain industrial processes.

Analyst Recommendations for USG (NYSE:USG)

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