Armstrong World Industries Inc found using ticker (AWI) now have 10 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 123 and 77 with the average target price sitting at 97.6. With the stocks previous close at 76.37 this now indicates there is a potential upside of 27.8%. The day 50 moving average is 77.97 and the 200 day MA is 84.01. The company has a market capitalisation of $3,431m. Visit the company website at: https://www.armstrongceilings.com
The potential market cap would be $4,385m based on the market concensus.
Armstrong World Industries, together with its subsidiaries, designs, manufactures, and sells ceiling systems primarily for use in the construction and renovation of residential and commercial buildings in the United States, Canada, and Latin America. The company operates through Mineral Fiber and Architectural Specialties segments. The company produces suspended mineral fiber, soft fiber, fiberglass wool, and metal ceiling systems, as well as wood, wood fiber, glass-reinforced-gypsum, and felt ceiling and wall systems; ceiling component products, such as ceiling perimeters and trims, as well as grid products that support drywall ceiling systems; ceilings and walls for use in commercial settings; and acoustical controls, facades, and partitions. It sells its commercial ceiling and architectural specialties products to resale distributors and ceiling system contractors; and residential ceiling products to wholesalers and retailers, such as large home centers. The company was incorporated in 1891 and is headquartered in Lancaster, Pennsylvania.