Rockwool A/S (OTCMKTS:RKWAF – Get Rating) had its price objective dropped by equities researchers at JPMorgan Chase & Co. from 1,860.00 to 1,660.00 in a report issued on Thursday, The Fly reports. The brokerage currently has an “underweight” rating on the stock.
A number of other equities research analysts also recently commented on the company. Exane BNP Paribas upgraded Rockwool A/S from an “underperform” rating to a “neutral” rating and set a 2,400.00 price objective for the company in a report on Friday, May 20th. Morgan Stanley dropped their price objective on Rockwool A/S from 2,570.00 to 2,485.00 in a report on Monday, May 23rd. Societe Generale upgraded Rockwool A/S from a “sell” rating to a “hold” rating in a report on Friday, May 20th. Finally, The Goldman Sachs Group started coverage on Rockwool A/S in a report on Tuesday, June 7th. They issued a “neutral” rating for the company.
Rockwool A/S Price Performance
Shares of RKWAF opened at $378.59 on Thursday. The stock’s fifty day simple moving average is $378.59 and its 200-day simple moving average is $378.59. Rockwool A/S has a 12-month low of $378.59 and a 12-month high of $378.59.
Rockwool A/S Company Profile
Rockwool A/S manufactures and sells stone wool insulations in Western Europe, Eastern Europe, North America, Asia, and internationally. The company operates through two segments, Insulation and Systems segments. It offers fire-safe stone wool insulation under the ROCKWOOL brand name; fire-safe acoustic ceiling tiles and systems under the Rockfon brand name; board materials that are applied in ventilated constructions for facade cladding, roof detailing, soffits, and fascia under the Rockpanel brand name; stone wool growing media and technology solutions for the horticulture industry under the Grodan brand name; and stone wool-based products used in automotive, urban acoustics, and urban climate adaptation applications under the Lapinus brand name.
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Source: defenseworld.net
