Goldman Sachs Starts Georgia Gulf Corp. (GGC) at Neutral

June 23, 2011 7:02 AM EDT
Get Alerts GGC Hot Sheet
Price: $54.58 --0%

Rating Summary:
    1 Buy, 4 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs initiates coverage on Georgia Gulf Corp. (NYSE: GGC) with a Neutral rating and $30 price target.

The firm said the stock may have a place in the portfolios of long-term investors as it is the most effective way in the Chemicals space to express a view of North American housing. That said they see more risk than reward in the near term.

For more ratings news on Georgia Gulf Corp. click here and for the rating history of Georgia Gulf Corp. click here.

Shares of Georgia Gulf Corp. closed at $23.74 yesterday.


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