# Corning Incorporated – Consensus ‘buy’ rating and 14.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/corning-incorporated-consensus-buy-rating-and-14.5-upside-potential/4121133436
- Published: 2023-11-20T15:42:16+00:00
- Author: Charlotte Edwards

**Corning Incorporated** which can be found using ticker (GLW) now have 10 analysts
in total covering the stock. The consensus rating is pointing to ‘buy’. The target
price High/Low ranges between $40.00 and $28.00 calculating the mean target price
we have $32.50. Given that the stocks previous close was at $28.38 this would imply
there is now a potential upside of 14.5%. The day 50 moving average is $28.93 and
the 200 moving average now moves to $32.26. The market capitalization for the company
is 24.30B. The current stock price for Microsoft Corporation is currently $28.48
USD

 The potential market cap would be $27,825,888,789 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 41.88, revenue per share of $15.35
and a 2.92% return on assets.

Corning Incorporated is a materials science technology and innovation company. The
Company operates through five segments: Optical Communications, Display Technologies,
Specialty Materials, Environmental Technologies and Life Sciences. The Optical Communications
segment manufactures carrier network and enterprise network components for the telecommunications
industry. The Display Technologies segment manufactures glass substrates for flat
panel liquid crystal displays and other high-performance display panels. Its Specialty
Materials segment is engaged in manufacturing products that provide material formulations
for glass, glass ceramics and fluoride crystals to meet demand for customer needs.
Its Environmental Technologies segment manufactures ceramic substrates and filters
for emission control systems. Its Life Sciences segment manufactures glass and plastic
labware, equipment, media, serum and reagents enabling workflow solutions for drug
discovery and bioproduction.

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