Armstrong World Industries Inc with ticker code (AWI) now have 10 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 124 and 70 calculating the average target price we see 89.3. Given that the stocks previous close was at 82.73 this would indicate that there is a potential upside of 7.9%. The 50 day moving average now sits at 73.31 and the 200 day MA is 80.16. The market cap for the company is $3,715m. Company Website: https://www.armstrongceilings.com
The potential market cap would be $4,010m 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.
