Goldman Sachs Starts Armstrong World Industries (AWI) at Neutral

January 17, 2013 9:11 AM EST
Get Alerts AWI Hot Sheet
Price: $39.50 --0%

Rating Summary:
    6 Buy, 7 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 15 | Down: 17 | New: 10
Trade AWI Now!
Join SI Premium – FREE
Goldman Sachs initiates coverage on Armstrong World Industries (NYSE: AWI) with a Neutral. PT $54.00.

While the company has an attractive end market, with 70% exposure to commercial construction, incremental margins have peaked as cost-cutting initiatives have and ended and SG&A should grow, according to the firm.

For an analyst ratings summary and ratings history on Armstrong World Industries click here. For more ratings news on Armstrong World Industries click here.

Shares of Armstrong World Industries closed at $52.94 yesterday.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

New Coverage

Related Entities

Goldman Sachs

Add Your Comment