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A report released today by Zacks Investment Research about Armstrong World Industries Inc (NYSE:AWI) bumps the target price to $48.00

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 (NYSE:AWI)

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.

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