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Armstrong World Industries Inc (NYSE:AWI) target price raised to $49.00, reported today by Zacks Investment Research

Boasting a price of $44.05, Armstrong World Industries Inc (NYSE:AWI) traded 1.70% higher on the day. With the last stock price close down 16.09% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. Armstrong World Industries Inc has recorded a 50-day average of $49.40 and a two hundred day average of $46.30. Volume of trade was down over the average, with 389,915 shares of AWI changing hands under the typical 410,198

Armstrong World Industries Inc (NYSE:AWI) had its target bumped up to $49.00 by Zacks Investment Research in an issued report announced Thursday June 08, 2017. The bumped up target suggests a potential upside of 0.11% from the company's most recent stock price close.

Performance Chart

Armstrong World Industries Inc (NYSE:AWI)

With a total market value of $0, Armstrong World Industries Inc has price-earnings ratio of 17.46 with a one year low of $36.38 and a one year high of $53.80 .

A total of 12 equity analysts have released a ratings update on AWI. Two equity analysts rating the company a strong buy, four equity analysts rating the company a buy, nine equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $46.33.

Brief Synopsis About Armstrong World Industries Inc (NYSE:AWI)

Armstrong World Industries, Inc. (AWI) is a global producer of ceiling systems. The Company owns and operates the Building Products (Ceilings) segment. The Company designs, manufactures and sells ceiling systems (primarily mineral fiber, fiberglass wool and metal) around the world. Its products are used in commercial and institutional buildings. Its geographical segments include Americas (including Canada); Europe, Middle East and Africa (including Russia) (EMEA), and Pacific Rim. As of December 31, 2016, it had 15 manufacturing plants in eight countries, including six plants located throughout the United States. Its Americas segment sells products for use in single and multi-family housing. It sells commercial products to building materials distributors re-selling its products to contractors, subcontractors' alliances, architect and design firms, and facility owners. Residential ceiling products are sold in the Americas primarily to wholesalers and retailers.

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