In a report released yesterday, Philip Ng from Jefferies maintained a Buy rating on Armstrong World (AWI – Research Report), with a price target of $111.00. The company's shares closed last Wednesday at $87.58, close to its 52-week low of $85.74. According to TipRanks.com, Ng is a 5-star analyst with an average return of 8.7% and a 55.3% success rate. Ng covers the Basic Materials sector, focusing on stocks such as Martin Marietta Materials, International Paper Co, and Berry Global Group. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Armstrong World with a $109.40 average price target, representing a 26.7% upside.
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