Corning Incorporated – Consensus ‘buy’ rating and 19.7% Upside Potential

Broker Ratings
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Corning Incorporated with ticker code (GLW) have now 11 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between 42 and 30 with the average target price sitting at $37.09. Given that the stocks previous close was at $30.99 this would imply there is now a potential upside of 19.7%. The 50 day moving average now sits at $33.37 and the 200 moving average now moves to $33.64. The total market capitalization for the company now stands at 26.78B. The stock price is currently at: 31.2 USD

The potential market cap would be $32,052,308,789 based on the market consensus.

USD

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 29.43, revenue per share of 16.23 and a 3.4% return on assets.

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