Shares of Rockwool A/S (OTCMKTS:RKWBF – Get Free Report) dropped 4.5% on Thursday . The company traded as low as $257.52 and last traded at $257.52. Approximately 4 shares traded hands during trading, a decline of 96% from the average daily volume of 90 shares. The stock had previously closed at $269.62.
Analysts Set New Price Targets
Separately, Nordea Equity Research downgraded Rockwool A/S from a “hold” rating to a “sell” rating in a report on Friday, May 12th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $1,510.00.
Rockwool A/S Stock Performance
About Rockwool A/S
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; acoustic solutions for ceilings and walls 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, residential prefab construction, OEM, and urban climate adaptation applications under the Lapinus brand name.
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