Armstrong World Industries, Inc., 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 and architectural cast ceilings, walls, facades, columns, and moldings solutions. 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.
IPO Year:
Exchange: NYSE
Website: armstrongceilings.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/4/2024 | $75.00 → $103.00 | Sell → Neutral | UBS |
| 3/21/2023 | $91.00 → $77.00 | Buy → Hold | Deutsche Bank |
| 1/13/2023 | $84.00 → $80.00 | Underperform → In-line | Evercore ISI |
| 1/5/2023 | $75.00 | Buy → Hold | Loop Capital |
| 12/14/2022 | $95.00 → $71.00 | Buy → Hold | Jefferies |
| 8/18/2022 | $125.00 | Buy | Deutsche Bank |
| 7/13/2022 | $93.00 | Neutral → Buy | Goldman |
| 6/15/2022 | $95.00 | Hold → Buy | Loop Capital |
| 4/5/2022 | $120.00 | Outperform | Credit Suisse |
| 3/21/2022 | $111.00 | Hold → Buy | Jefferies |
UBS upgraded Armstrong World Industries from Sell to Neutral and set a new price target of $103.00 from $75.00 previously
Deutsche Bank downgraded Armstrong World Industries from Buy to Hold and set a new price target of $77.00 from $91.00 previously
Evercore ISI upgraded Armstrong World Industries from Underperform to In-line and set a new price target of $80.00 from $84.00 previously
Loop Capital downgraded Armstrong World Industries from Buy to Hold and set a new price target of $75.00
Jefferies downgraded Armstrong World Industries from Buy to Hold and set a new price target of $71.00 from $95.00 previously
Deutsche Bank initiated coverage of Armstrong World Industries with a rating of Buy and set a new price target of $125.00
Goldman upgraded Armstrong World Industries from Neutral to Buy and set a new price target of $93.00
Loop Capital upgraded Armstrong World Industries from Hold to Buy and set a new price target of $95.00
Credit Suisse initiated coverage of Armstrong World Industries with a rating of Outperform and set a new price target of $120.00
Jefferies upgraded Armstrong World Industries from Hold to Buy and set a new price target of $111.00
8-K - ARMSTRONG WORLD INDUSTRIES INC (0000007431) (Filer)
SD - ARMSTRONG WORLD INDUSTRIES INC (0000007431) (Filer)
8-K - ARMSTRONG WORLD INDUSTRIES INC (0000007431) (Filer)
10-Q - ARMSTRONG WORLD INDUSTRIES INC (0000007431) (Filer)
8-K - ARMSTRONG WORLD INDUSTRIES INC (0000007431) (Filer)
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DEF 14A - ARMSTRONG WORLD INDUSTRIES INC (0000007431) (Filer)
8-K - ARMSTRONG WORLD INDUSTRIES INC (0000007431) (Filer)
8-K - ARMSTRONG WORLD INDUSTRIES INC (0000007431) (Filer)
8-K - ARMSTRONG WORLD INDUSTRIES INC (0000007431) (Filer)