On Oct 31, major Wall Street analysts update their ratings for $Armstrong World Industries (AWI.US)$, with price targets ranging from $140 to $162.
BofA Securities analyst Rafe Jadrosich maintains with a buy rating.
Evercore analyst Stephen Kim maintains with a hold rating, and adjusts the target price from $117 to $140.
Loop Capital analyst Garik Shmois maintains with a hold rating, and adjusts the target price from $135 to $145.
Truist Financial analyst Keith Hughes maintains with a buy rating, and adjusts the target price from $148 to $162.
Furthermore, according to the comprehensive report, the opinions of $Armstrong World Industries (AWI.US)$'s main analysts recently are as follows:
Following the company's quarterly results which surpassed both the firm's and consensus estimates, the forecast for the adjusted earnings per share in 2024 and 2025 has been revised upward by 2%.
The company has delivered another robust quarter, bolstered by growth in Architectural Specialties sales and an expansion in Mineral Fiber margins. This has reinforced the company's impressive performance trajectory, positioning it as one of the strongest within its sector for the current year. The outlook for sustained earnings growth is becoming clearer, and the margin enhancements achieved over the past two years appear to be maintainable.
Here are the latest investment ratings and price targets for $Armstrong World Industries (AWI.US)$ from 4 analysts:
Note:
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