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Armstrong World Industries Inc (AWI) [hlAlert]

Rating:
Underweight
AWI
down 2.18 %

Armstrong World Industries Inc (AWI) rated Underweight by JP Morgan

Posted on: Tuesday,  Jan 15, 2013  8:25 AM ET by JP Morgan

JP Morgan rated Underweight Armstrong World Industries Inc (NYSE: AWI) on 01/15/2013, when the stock price was $54.21.
Since then, Armstrong World Industries Inc has gained 2.23% as of 01/27/2016's recent price of $55.42.
If you would have followed this JP Morgan's recommendation on AWI, you would have lost 2.18% of your investment in 1107 days.

Armstrong World Industries, Inc. (AWI) is a global producer of flooring products and ceiling systems for use primarily in the construction and renovation of commercial, institutional and residential buildings. Through its United States operations and United States and international subsidiaries, AWI designs, manufactures and sells flooring products (primarily resilient and wood flooring) and ceiling systems (primarily mineral fiber, fiberglass and metal) around the world. The Company also designs, manufactures and sells kitchen and bathroom cabinets in the United States. The Company operates in four business segments: Resilient Flooring, Wood Flooring, Building Products and Cabinets. On February 18, 2008, AWI acquired the assets of Bowmans Australia Pty Ltd.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/15/2013 8:25 AM Sell
None
54.21
as of 12/13/2013
1 Week down  -4.86 %
1 Month down  -7.93 %
3 Months down  -3.83 %
1 YTD down  -0.90 %

(*) Stock Price at the time of the recommendation.
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