USG Corp Gets a Hold Rating from Credit Suisse


Credit Suisse analyst Susan Maklari maintained a Hold rating on USG Corp (NYSE: USG) yesterday and set a price target of $44. The company’s shares closed yesterday at $43.04, close to its 52-week high of $43.19.

According to TipRanks.com, Maklari is a 2-star analyst with an average return of 0.9% and a 50.6% success rate. Maklari covers the Consumer Goods sector, focusing on stocks such as Mohawk Industries, Whirlpool Corp, and Toll Brothers.

USG Corp has an analyst consensus of Hold, with a price target consensus of $43.60.

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Based on USG Corp’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $786 million and net profit of $37 million. In comparison, last year the company earned revenue of $767 million and had a net profit of $55 million.

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USG Corp. is engaged in the manufacturing of building materials and innovative solutions. It offers 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.

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