A report released today by Zacks Investment Research about Armstrong World Industries Inc (NYSE:AWI) bumps the target price to $48.00
- Updated: September 24, 2016
Zacks Investment Research upped the price target of Armstrong World Industries Inc (NYSE:AWI) to $48.00 stating a potential upside of 0.15%.
Just yesterday Armstrong World Industries Inc (NYSE:AWI) traded -0.36% lower at $41.65. Armstrong World Industries Inc’s 50-day moving average is $43.22 and its 200-day moving average is $41.78. The last stock price is down -0.66% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 823,883 shares of AWI traded hands, up from an average trading volume of 533,150
Recent Performance Chart
Armstrong World Industries Inc has 52 week low of $35.92 and a 52 week high of $52.33 with a PE ratio of 92.43 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 12 brokerages have issued a ratings update on the company. The average stock price target is $46.33 with 2 brokerages rating the stock a strong buy, 4 brokerages rating the stock a buy, 9 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Armstrong World Industries Inc (NYSE:AWI)
Armstrong World Industries, Inc. is a producer of flooring products and ceiling systems for use in the construction and renovation of residential, commercial and institutional buildings. The Company operates in four segments: Building Products, which produces suspended mineral fiber, soft fiber and metal ceiling systems for use in commercial, institutional and residential settings; Resilient Flooring, which designs, manufactures, sources and sells a range of floor coverings primarily for homes and commercial and institutional buildings; Wood Flooring segment, which designs, manufactures, sources and sells hardwood flooring products for use in new residential construction and renovation, with some commercial applications in stores, restaurants and high-end offices, and Unallocated Corporate. Its brands include Armstrong, Alterna, BBT, BioBased Tile, BioGuard, Bruce, Cirrus, Dune, Excelon, Huiyi, Imperial, Initiator, Laurel, Luxe Plank, Medintech, MetalWorks, Optima and Perla.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.