Rockwool A/S (OTCMKTS:RKWBF – Get Rating) has been given an average rating of “Hold” by the seven brokerages that are currently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $2,631.25.
Several equities research analysts have recently issued reports on RKWBF shares. JPMorgan Chase & Co. started coverage on Rockwool A/S in a report on Thursday, March 17th. They issued an “underweight” rating on the stock. Berenberg Bank reduced their target price on Rockwool A/S from 2,700.00 to 2,100.00 and set a “hold” rating on the stock in a report on Friday, June 10th. Finally, Societe Generale raised Rockwool A/S from a “sell” rating to a “hold” rating in a report on Friday, May 20th.
OTCMKTS:RKWBF opened at $248.00 on Friday. The business’s 50-day simple moving average is $269.13 and its two-hundred day simple moving average is $344.51. Rockwool A/S has a 52 week low of $192.37 and a 52 week high of $531.25.
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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