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Armstrong World Industries Inc (AWI) [hlAlert]

Rating:
Sector Perform
AWI

Armstrong World Industries Inc (AWI) rated Sector Perform with price target $46 by RBC Capital Mkts

Posted on: Tuesday,  Sep 21, 2010  9:25 AM ET by RBC Capital Mkts

Armstrong World Industries Inc (NYSE: AWI)
rated Sector Perform with price target $46 by RBC Capital Mkts.

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.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/28/2012 9:25 AM Buy
None
50.14 64.00
as of 12/31/2010
1 Week down  -4.84 %
1 Month down  -14.85 %
3 Months down  -17.14 %
1 YTD down  -17.14 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/1/2011 9:25 AM Buy
None
40.89 52.00
5/3/2011 9:25 AM Buy
None
46.86 55.00
3/21/2011 9:25 AM Buy
None
45.71 50.00
11/8/2010 9:25 AM Buy
None
49.81 60.00
9/21/2010 9:25 AM Hold
None
40.89 46.00

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